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ORDINANCE NO . ~ ~ / ' e <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, INDIANA, CLOSING THE ABANDONED <br />VEHICLE FUND AND UNSAFE BUILDING FUND OF THE <br />CITY OF SOUTH BEND AND TRANSFERRING THE BALANCES <br />THEREIN TO THE GENERAL FUND OF THE <br />CITY OF SOUTH BEND <br />STATEMENT OF PURPOSE AND INTENT <br />The Common Council of the City of South Bend, upon the <br />recommendation of the State Board of Accounts, has determined <br />that there no longer exists a need to segregate certain funds of <br />the City of South Bend and maintain certain separate funds, and <br />that these funds should be closed and their balances transferred <br />to the General Fund of the City of South Bend. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: <br />Section I. That the following funds be closed and the <br />indicated balances, plus all accrued interest, on deposit therein <br />be transferred to the General Fund of the City of South Bend. <br />Fund No. <br />FUND NAME <br />BALANCE <br />277 Unsafe Building Fund $230,758.00 <br />276 Abandoned Vehicle Fund 108,604.75 <br />TOTAL $339,362.75 <br />Section II. This ordinance shall be of full force and <br />effect from and after its passage by the Common Council and <br />approval of the Mayor. <br />J <br />/ ` ~~ ~ <br />Member, South Bend Commo Council <br />rf~ <br />3 r~ F ~ADNG ~ /~' _ ~ 7 <br />NOT APPROVED <br />F.'ErERP,ED <br />PASSED- ~~-9~ <br />Filed in ~l~rk'~ Of~ic~ <br />Q ~ C 1 0 1996 <br />LORETTt~ J. DUDA <br />C3 i Y CLE3ik, :~,~. BERdD, t~-0. <br />