03-26-18 Council Minutes - Laserfiche WebLink

Home Browse Search

REGULAR MEETING March 26, 2018 one (1) of four(4) that we do every year on a quarterly basis. Tonight, we are asking for transfers within the Funds on this bill.The first one(1)being for the LOIT 2016 special distribution. Simply, we are moving money from our capital to our transfers out so we can use that money directly towards the Community Crossings Program that you will see in the next bill. We are also asking for some monies to be moved around in our COIT Funds. Specifically, related to the Goodwill Strategic Focus Unit and also moving monies within our equipment and vehicle lease just to make sure we are appropriately linking them to the different departments instead of just one (1) big bucket. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. None from the public wished to speak in favor of or opposition to this bill. Councilmember Tim Scott made a motion to send Bill No. 15-18 to the full Council with a favorable recommendation. Councilmember Oliver Davis seconded this motion which carried unanimously by a voice vote of nine (9) ayes. 16-18 PUBLIC HEARING ON AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING ADDITIONAL FUNDS FOR CERTAIN DEPARTMENTAL AND CITY SERVICES OPERATIONS IN 2018 OF $37,500 FROM STUDEBAKER/OLIVER REVITALIZATION GRANT FUND (#209), $10,000 FROM CENTRAL SERVICES FUND (#222), $900,000 FROM LIABILITY INSURANCE RESERVE FUND (#226), $2,000,000 FROM LOCAL ROAD &BRIDGE GRANT (#265), $20,000 FROM PARKS NONREVERTING CAPITAL FUND (#405), AND $91,412 FROM 2015 PARKS BOND CAPITAL FUND (#751). Councilmember Tim Scott made a motion to accept Substitute Bill No. 16-18. Councilmember John Voorde seconded this motion which carried unanimously by a voice vote of nine (9) ayes. Councilmember Karen White, Chair of the Personnel and Finance Committee, reported that they met this afternoon and send this bill forward with a favorable recommendation. Jen Hockenhull, City Controller with offices on the 12th floor of the County-City Building, South Bend, IN, served as presenter for this bill. Ms. Hockenhull stated, Before you tonight is a request for additional appropriations out of various Funds. Please note that all of these Funds has adequate cash balances to cover the requests this evening. The first two (2) for Fund#209 and Fund#222 are both for grant monies we have received in, we are just appropriating those funds out at this time. The Liability Insurance Reserve Fund is $900,000 relating to bringing our spending reserve back up to our normal levels due to some budget cuts we made in 2017. At the request of our Legal Department after review, we've decided that we would like that money back up to where it has been in the past. Local Road and Bridge Grant Fund is relating back to the Community Crossings Grant. We are asking to spend the full amount of the grant but it is a fifty- fifty (50-50) match grant so we have to spend $2 million and will get$1 million back. The Parks Non-reverting Capital Fund for$20,000 relates to replacing some aging equipment from the Capital Fund. And then our 2015 Parks Bond Capital is requesting to spend the remaining proceeds from the 2015 Parks Bond. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. None from the public wished to speak in favor of or opposition to this bill. 7