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ORDINANCE NO. 1 S ~ ~ - 0
<br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
<br />INDIANA, APPROPRIATING FUNDS FOR CAPITAL EXPENDITURES FOR THE FISCAL
<br />YEAR 2005 INCLUDING $7,971,637 FROM THE GENERAL FUND,
<br />$848,701 FROM THE CUMULATIVE CAPITAL DEVELOPMENT FUND,
<br />$625,000 EMERGENCY MEDICAL SERVICES
<br />$7,329,048 FROM THE COUNTY OPTION INCOME TAX FUND,
<br />$824,000 FROM THE ECONOMIC DEVELOPMENT INCOME TAX FUND,
<br />$35,000 MORRIS PERFORMING ARTS CENTER, $50,000 FROM THE PARKS AND
<br />RECREATION FUND, $255,600 FROM THE PARKS NON-REVERTING CAPITAL FUND,
<br />$45,000 FROM THE PARK RECREATION NON-REVERTING FUND,
<br />$20,000 FROM THE EAST RACE WATERWAY FUND,
<br />$10,000 FROM THE ZOO ENDOWMENT, $100,000 COVELESKI STADIUM,
<br />$4,260,516 FROM THE LOCAL ROADS AND STREETS FUND,
<br />$47,600 FROM THE PROJECT RELEAF FUND,
<br />$58,200 SOLID WASTE, $284,700 FROM THE WATER WORKS DEPRECIATION FUND,
<br />AND $6,432,590 FROM THE SEWAGE WORKS DEPRECIATION 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 and has determined that it is necessary and appropriate
<br />to make payment of these expenses and to appropriate sufficient funds from the various capital
<br />funds of the City to 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.
<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 2004 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 />AMOUNT
<br />GENERAL FUND (Fund # 101) $7,971,637
<br />CUMULATIVE CAPITAL DEVELOPMENT FUND (Fund # 406) 848,701
<br />COUNTY OPTION INCOME TAX FUND (Fund # 404) 7,329,048
<br />ECONOMIC DEVELOPMENT INCOME TAX FUND (Fund # 408) 824,000
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