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8524-94 Closing Certain Dormant Funds Transferring the Balances General Fund
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8524-94 Closing Certain Dormant Funds Transferring the Balances General Fund
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Last modified
9/25/2012 1:31:04 PM
Creation date
9/25/2012 1:31:04 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
7/25/1994
Ord-Res Number
8524-94
Bill Number
75-94
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ORDINANCE NO. .S0? /. 9* <br /> AN ORDINANCE OF THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND, INDIANA, CLOSING CERTAIN <br /> DORMANT FUNDS AND TRANSFERRING THE BALANCES <br /> THEREIN TO THE GENERAL FUND OF THE <br /> CITY OF SOUTH BEND <br /> STATEMENT OF PURPOSE AND INTENT <br /> The Common Council of the City of South Bend has determined <br /> that certain funds of the City of South Bend have been dormant <br /> for a period of years, that the purposes for which these funds <br /> were established have been fulfilled or no longer require the <br /> maintenance of the funds, and that these funds should be closed <br /> and their balances transferred to the General Fund of the City of <br /> South Bend. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND, INDIANA, AS FOLLOWS : <br /> Section I . That the following funds be closed and the <br /> indicated balances, plus all accrued interest, on deposit therein <br /> be transferred to the General Fund of the City of South Bend. <br /> Fund No . FUND NAME BALANCE <br /> 501 Barrett Law $ 16, 307 . 61 <br /> 502 Barrett Law General 116, 415 . 09 <br /> Improvement <br /> 660 Discovery Hall 16, 530 . 97 <br /> 720 Leeper Park Tree 5, 365 . 68 <br /> Replacement <br /> 298 Morris Civic Operating 222, 583 .72 <br /> TOTAL $377, 203 . 07 <br /> Section II . This ordinance shall be of full force and <br /> effect from and after its passage by the Common Council and <br /> approval of the Mayor. <br /> /0/ <br /> oe <br /> Oer South Ben.// on Council <br />
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