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BILL NO. <br /> ORDINANCE NO. 1°Q f1-$'e <br /> AN ORDINANCE TRANSFERRING $100,000 <br /> AMONG VARIOUS ACCOUNTS WITHIN THE <br /> DEPARTMENT OF ECONOMIC DEVELOPMENT <br /> STATEMENT OF PURPOSE AND INTENT: <br /> In order to assure the efficient and timely utilization of <br /> Community Development Block Grant Funds and that the immediate <br /> needs of specific activities are met, certain transfers among <br /> accounts are necessary. <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the <br /> City of South Bend, Indiana, as follows: <br /> SECTION I. The sum of $100, 000.00 is hereby transferred among <br /> accounts as set forth below. <br /> Reduce the following accounts: <br /> Project No. Description Amount <br /> CD86-603 Commercial Strips Program $ 100.00 <br /> CD86-202 Demolition 1, 057.00 <br /> CD87-509 Neighborhood Centers 37.00 <br /> CD87-505 Sex Offense Staff 305.00 <br /> CD87-604 Business & Technology Center 2, 130.00 <br /> CD87-203 Neighborhood Clean-up 473 .00 <br /> CD87-202 Demolition 748.00 <br /> CD87-201 Code Enforcement Management 306.00 <br /> CD87-106.2 Neighborhood Housing Services 349.00 <br /> CD88-1101 Indirect Costs 40, 000. 00 <br /> CD88 ULO (Contingency) 54,495.00 <br /> TOTAL $100, 000.00 <br /> Increase the following accounts: <br /> Protect No. Description Amount <br /> CD89-601 Redevelopment Administration $ 50, 000.00 <br /> CD89-1100 Community Development Administration 50,000.00 <br /> TOTAL $100, 000. 00 <br /> SECTION II. No costs will be incurred or funds expended for <br /> any activities in this ordinance prior to an official release of <br /> funds received from the United States Department of Housing and <br /> Urban Development as may be required. <br /> SECTION III. This ordinance shall be in full force and effect <br /> from and after its passage by the Common Council and approved by <br /> the Mayor. <br /> • <br /> Memb= of the Common Council <br />