9657-06 Appropriating for Capital Expenditures for 2006 from various funds

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ORDINANCE NO. ~ ~ S ~ - 0 ~' AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING FUNDS FOR CAPITAL EXPENDITURES FOR THE FISCAL YEAR 2006 INCLUDING $6,000,000 FROM THE GENERAL FUND, $1,000,000 FROM THE CUMULATIVE CAPITAL DEVELOPMENT FUND, $200,000 CUMULATIVE CAPITAL IMPROVEMENT FUND, $927,800 EMERGENCY MEDICAL SERVICES $3,592,000 FROM THE COUNTY OPTION INCOME TAX FUND, $250,000 FROM THE ECONOMIC DEVELOPMENT INCOME TAX FUND, $100,000 MORRIS PERFORMING ARTS CENTER, $300,000 FROM THE PARKS AND RECREATION FUND, $300,000 FROM THE PARKS NON-REVERTING CAPITAL FUND, $200,000 FROM THE PARK RECREATION NON-REVERTING FUND, $32,000 FROM THE EAST RACE WATERWAY FUND, $3,146,000 FROM THE LOCAL ROADS AND STREETS FUND, $ 40,400 CONSOLIDATED BUILDING FUND $1,696,438 FROM THE WATER WORKS DEPRECIATION FUND, AND $5,249,573 FROM THE SEWAGE WORKS DEPRECIATION FUND STATEMENT OF PURPOSE AND INTENT The City anticipates making a variety of capital improvements to its various facilities and capital inventory during fiscal year 2006 and has determined that it is necessary and appropriate to make payment of these expenses and to appropriate sufficient funds from the various capital funds of the City to do so, and that it is in the best interests of the City that the same occur. The specific capital improvements and expenditures the City anticipates making and the capital funds from which appropriations are made to support those expenditures are identified hereafter. NOW, THEREFORE BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND AS FOLLOWS: SECTION I. The following amounts shall be and hereby are appropriated in the fiscal year 2006 and ordered set apart within the following designated capital funds for the payment of the expenses identified below, and in accordance with the detail attached as Exhibit A. FUND AMOUNT GENERAL FUND (Fund #101) $6,000,000 CUMULATIVE CAPITAL DEVELOPMENT FUND(Fund #406) 1,000,000 COUNTY OPTION INCOME TAX FUND (Fund #404) 3,592,735