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Filed in Clerk's Office <br /> 2017 <br /> ORDINANCE NO.jDj0q—/7 <br /> KAREEhAAH FOWLER <br /> AN ORDINANCE OF THE COMMON COUNCIL OF THE CI iEND, IN <br /> INDIANA,AMENDING CHAPTER 2,ARTICLE 14, SECTION 2-170 OF THE SOUTH <br /> BEND MUNICIPAL CODE TO ESTABLISH VARIOUS NEW FUNDS: MORRIS <br /> PERFORMING ARTS CENTER SELF-PROMOTED EVENTS FUND (274),PARENTAL <br /> LEAVE FUND (714)AND 2017 PARKS BOND FUND (471). <br /> STATEMENT OF PURPOSE AND INTENT <br /> During the preparation and adoption of the 2018 City Budget, the need has arisen to add <br /> three (3) Funds to properly account for revenue and expenditures of the City of South Bend. The <br /> Morris Performing Arts Center (PAC) Self Promoted Events Fund will be used for shows and <br /> events that will be self-promoted through the Morris PAC and will be funded with ticket sale <br /> revenues. The Parental Leave fund will be used to offer Parental Leave to City employees based <br /> on a new policy. The Parks Bond Fund will be used for the revenues and expenditures related to <br /> the 2017 Parks Bond to improve the City's parks and trail system. These Funds consists of Fund <br /> Numbers 274, 714, and 471 respectively, and will be effective January 1, 2018. <br /> NOW,THEREFORE,BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND,INDIANA as follows: <br /> SECTION I. Effective January 1, 2018,the following funds are established, and Chapter <br /> 2, Article 14, of the South Bend Municipal Code is hereby amended to add new sections which <br /> shall read in their entirety as follows: <br /> Section 2-170 27 Morris Performing Arts Center Self-Promoted Events Fund <br /> The Morris Performing Arts Center Self-Promoted Events Fund (No. 274) is established <br /> to account for the revenue and expenditures related to events and activities that the Morris <br /> Performing Arts Center self-promotes or self-sponsors. <br /> Section 2-170.28. Parental Leave Fund <br /> The Parental Leave Fund (No 714) is established to account for the revenues and <br /> expenditures relating to the Parental Leave policy established by the administration for the <br /> employees of the City. <br /> Section 2-170.29. 2017 Parks Bond Fund <br /> The 2017 Parks Bond Fund (No 471) is established to account for the revenues and <br /> expenditures relating to the 2017 Parks Bond established to improve the parks and trails system <br /> throughout the City of South Bend. <br />