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9695-06 Appropriating $159,145 from Fund #649 to make first interest payment on 2006 Sewage Works Rev. Bond
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9695-06 Appropriating $159,145 from Fund #649 to make first interest payment on 2006 Sewage Works Rev. Bond
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Last modified
10/4/2010 3:59:14 PM
Creation date
11/1/2007 2:46:41 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/14/2006
Ord-Res Number
9695-06
Bill Number
45-06
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ORDINANCC NO. A~°~ ~' ~~° <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA APPROPRIATING $1.59;145 OUT OF FUND 649 TO MAKE THE FIRST <br />INTEREST PAYMENT ON THE 2006 SEWAGE WORKS REVENUE BOND. <br />STATEMCNT OF I'URl'OSE AND INTENT <br />The interest pa}~ment for the Sewage Works Revenue Bonds sold in May of 2006 was not <br />identified in the 2006 Sewage Works budget request. This interest amounts to $159,145 and is <br />due in December of 2006. This Ordinance appropriates a total of $159,145 to make these <br />payments. <br />NOW, "THEREFORE. BE I"f ORDAINED BY THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, INDIANA, as follows: <br />Section I. The sum of $159,145 is hereby appropriated from and set aside within Fund <br />No. 649 for purposes of making Interest payments on the Sewage Works revenue bonds of 2006 <br />(Account No. 649-0630-472.38-02). <br />Section II. This Ordinance shall be in full force and effect from and after its passage b} <br />the Common Council and approval by the 1\~Iayor. <br />---~ <br />1\'Icmber, South Bend mmon Council <br />Attes . <br />~it~' Gc -l: <br />Presented by me to the Mayor of the City of South Bend, Indiana on the _ S~ da}~ <br />of <br />~ , 2 Ooh , at~_ o'clock ~. nl. <br />Approved and si~~ned by me on the <br />O~CIOCk 111. <br />V <br />1 st READING , -L'1-~1O <br />PUBLIC HEARING ~-~`1-0~ <br />3rd READING ~'-(~-OV <br />,NOT APPROVED <br />REFERRED I <br />PASSED g-(~-(,)o <br />City 'rl: ~) <br />~. <br />l~ day of ~~ , ~ OoG , at <br />f91~c1 in Cl~rl~': ~~~i~~ <br />J U L 1 9 2006 <br />J^iiP~ VDO'tDE <br />CITY CLYF'', SD• faEI~A, IDI. <br />ayor, City of ~ oath Bend, Indiana <br />
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