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ORDINANCE NO. , ~ ~~ 3 <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING FUNDS FOR SOME OF THE CITY'S CAPITAL <br />EXPENDITURES FOR THE FISCAL YEAR 2005 INCLUDING $543,250 FROM THE <br />GENERAL FIJND,$1,885,800 FROM THE COUNTY OPTION INCOME TAX FUND, <br />$128,000 FROM THE PARKS AND RECREATION FUND, $85,000 FROM THE PARKS <br />NON-REVERTING CAPITAL FUND <br />STATEMENT OF PURPOSE AND INTENT <br />The City anticipates making a variety of capital improvements to its various facilities and <br />capital inventory during fiscal year 2005. Some of the capital improvements and expenses <br />require timely and imminent payment in 2005. It is necessary and appropriate to make payment <br />of these expenses and to appropriate sufficient funds from the various capital funds of the City to <br />do so, and that it is in the best interests of the City that the same occur. <br />The specific capital improvements and expenditures the City anticipates making and the <br />capital funds from which appropriations are made to support those expenditures are identified <br />hereafter. The City's general capital expenditure appropriation for 2005 shall be determined at a <br />later date. <br />NOW, THEREFORE BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND AS FOLLOWS: <br />SECTION I. The following amounts shall be and hereby are appropriated in the fiscal <br />year 2005 and ordered set apart within the following designated capital funds for the payment of <br />the expenses identified below, and in accordance with the detail attached as Exhibit "A". <br />FUND <br />GENERAL FUND (Fund # 101) <br />COUNTY OPTION INCOME TAX FUND (Fund # 404) <br />PARKS AND RECREATION FUND (Fund # 201) <br />CONSOLIDATED BUILDING DEPARTMENT (Fund # 600) <br />SEWAGE WORKS (Fund # 642) <br />AMOUNT <br />$ 543,250 <br />1,885,800 <br />128,000 <br />36,800 <br />10,800 <br />