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9721-06 Changing Fund #377 Name and Transferring $500,000 to Fund # 677 and approp. $100,000
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9721-06 Changing Fund #377 Name and Transferring $500,000 to Fund # 677 and approp. $100,000
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Last modified
10/4/2010 4:04:44 PM
Creation date
12/12/2007 2:32:23 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/27/2006
Ord-Res Number
9721-06
Bill Number
84-06
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COUNTY-CITY BUILDING <br />227 W. JEFFERSON BLVD. <br />SouTTI BEND, INDIANA 46601-1830 <br />PHONE 574/235-9216 <br />FAx 574/235-9928 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LLIECKE, MAYOR <br />DEPARTMENT OF ADMINISTRATION AND FINANCE <br />M. CATHERINE FANELLO <br />CONTROLLER <br />November 8, 2006 <br />Mr. Timothy Rouse, President <br />South Bend Common Council <br />4th Floor, County-City Building <br />South Bend, IN 46601 <br />Re: Professional Sports and Development Monies and Hall of Fame Capital Reserve <br />Dear President Rouse: <br />Attached for the consideration and approval of the South Bend Common Council is an ordinance <br />requesting that the name of Fund 377 be formally re-titled Professional Sports and Development <br />Fund (PSDF). This is the main source of revenue for this fund. It is not only used for Hall of <br />Fame but is now being used to also provide support for Century Center capital needs. <br />The ordinance also requests transfer of PSDF dollars to fund a capital reserve for the Hall of <br />Fame as outlined in the Second Interim Management Agreement. The fund we may use for this <br />is fund 677 properly titled,Ha11 of Fame. The appropriation of dollars to transfer to Century <br />Center is also included. These dollars are transferred to Century Center by the City and must be <br />used only on items permitted by PSDF state law. <br />Please feel free to call me if you have any questions. Thank you for your favorable consideration <br />of these ordinances. <br />Sincerely, <br />,%' <br />Catherine Fanello <br />City Controller <br />Attachments <br />~~ <br />~. ,~~J .~ <br />d~iliFi ~/()~Ruc <br />JANICE L. HALL LIZ ROWS THOMAS SKARBEK SUSAN WALIACE ROBERTALLEN <br />DIRECTOR DIRECTOR DIRECTOR MANAGER DIRECTOR <br />HUMAN RESOURCES CITY FINANCE BUDGETING ~ FINANCIAL REPORTING BENEFITS INFORMATION TECHNOLOGY <br />
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