8605-95 Appropriating $1,104,779.03 Various Accounts Local Roads & Streets Fund

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ORDINANCE NO. 6066- AN ORDINANCE APPROPRIATING $1,104,779.03 WITHIN VARIOUS ACCOUNTS OF THE LOCAL ROADS AND STREETS FUND STATEMENT OF PURPOSE AND INTENT: In order to meet existing and proposed traffic demands and to provide for safe and efficient movement of vehicles, certain improvements are needed within the City of South Bend, Indiana. The improvements needed constitute the following 1995 various design and construction projects: 1) Signal modernization, 2)Purchase of paving and slurry materials, 3) Concrete improvements and 4)Improvements to the Michigan/Ireland intersection. In addition, it is also necessary to eliminate outstanding balances in accounts where the projects have been completed. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AS FOLLOWS: Section I: The following sums of money are hereby appropriated and ordered set apart from the Local Roads and Streets Fund for the projects in the amount set forth below: ACCOUNT NO. PROJECT AMOUNT DECREASE THE FOLLOWING ACCOUNTS: 251-0608-431.42-34 Logan Construction $ 201.00 251-0608-431.42-39 Railroad Improvements 1,802.00 251-0608-431.42-48 Paving and Slurry Materials 8,055.00 251-0608-431.42-49 Various Improvements 25,546.00 Total Decrease $ 35,604.00 INCREASE THE FOLLOWING ACCOUNTS: 251-0608-431.42-44 Ironwood/Ireland to Randolph $ 16,335.00 251-0608-431.42-53 Portage Widening 91,425.87 251-0608-431.42-54 Twyckenham/U.S. 23 to McKinley 3,308.86 251-0608-431.42-59 Nimtz Parkway Phase III 700.00 251-0608-431.42-60 1995 Various Design& Construction Projects 993.009.30 Total Increase $1,104,779.03 TOTAL TAKEN FROM FUND BALANCE $1,069,175.03 Section II: This ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. oe c ber . e Common Council