10611-18 September 2018 Appropriation Ordinance- Civil City Funds

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BILL NO. 42-18 ORDINANCE NO. 10611-18 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 $672,857 FROM ECONOMIC DEVELOPMENT STATE GRANT (#210), $1,000,000 FROM DCI GRANT FUND (#212), $5,000 FROM GIFT/DONATION/BEQUEST FUND (#217), $699,700 FROM LIABILITY INSURANCE PREMIUM RESERVE (#226), ($960,000) FROM LOIT 2016 SPECIAL DISTRIBUTION (#257), ($337,632) FROM LOCAL ROAD & BRIDGE GRANT (#265), $28,100 FROM ECONOMIC REVENUE BOND (#281), ($55,000) FROM COVELESKI STADIUM CAPITAL (#401), ($124,050) FROM UDAG (#410), $28,100 FROM REDEVELOPMENT GENERAL (#433),AND $650 FROM SMART STREETS DEBT SERVICE (#756). STATEMENT OF PURPOSE AND INTENT The Common Council passed the City's 2018 operating and capital budgets in 2017 (Ordinance 410499-17 passed on October 23, 2017), which included expenditures for various City operations. It is now necessary to appropriate additional funds for operational and capital expenditures necessary for the City to effect provision of services to its citizens which were not anticipated at the time the City budget was adopted. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: Section I. The following amounts are hereby appropriated in fiscal year 2018 and set apart within the following designated funds for expenditures as follows: FUND Amount Economic Develop State Grant(#210) $672,857 DCI Grant Fund (#212) 1,000,000 Gift, Donation, Bequest Fund (#217) 5,000 Liability Insurance Premium Reserve (#226) 699,700 LOIT 2016 Special Distribution(#257) (960,000) Local Road& Bridge Grant (#265) (337,632) Economic Revenue Bond (#281) 28,100 Coveleski Stadium Capital (#401) (55,000) UDAG(#410) (124,050) Redevelopment General (#433) 28,100 Smart Streets Debt Service (#756) 650 TOTAL $957,725 Section II. This ordinance shall be in full force and effect from and after its passage by the Common Council and approval of the Mayor.