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BILL NO. <br /> ORDINANCE NO. 769,5-s1(0 <br /> AN ORDINANCE TRANSFERRING $4,374.21 <br /> AMONG VARIOUS ACCOUNTS WITHIN THE <br /> DIVISION OF COMMUNITY DEVELOPMENT <br /> STATEMENT OF PURPOSE AND INTENT: <br /> In order to assure the efficient and timely utilization of Community <br /> Development Block Grant Funds and that the immediate needs of specific activities are <br /> met, transfers among accounts are necessary. <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br /> Bend, Indiana: <br /> SECTION I. The sum of $4,374.21 is hereby transferred among accounts as <br /> set forth below. <br /> Reduce the following accounts: <br /> Project No. Description Amount <br /> CD 85-401 Tree Planting Program $ 900.00 <br /> CD 85-502 Community Coordinated Child Care $3,474.21 <br /> TOTAL $4,374.21 <br /> Increase the following account: <br /> Project No. Description Amount <br /> CD 86-402 General Park Improvements $4,374.21 <br /> TOTAL $4,374.21 <br /> SECTION II. No costs will be incurred or funds expended for any of the <br /> activities in this ordinance prior to an official release of funds received from the <br /> United States Department of Housing and Urban Development as may be required. <br /> SECTION III. This ordinance shall be in full force and effect from and <br /> after its passage by the Common Council and approved by the Mayor. <br /> ember of the Corn Council <br /> r1/ <br />