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• <br /> BILL NO . <br /> ORDINANCE NO . "/ "'71S^ eG <br /> AN ORDINANCE APPROPRATING THE SUM OF $337 , 000 <br /> FROM THE LIABILITY INSURANCE PREMIUM AND RESERVE <br /> FUND TO ACCOUNT 342 . 0 IN THE AMOUNT OF $187 , 000 <br /> AND ACCOUNT 391 . 0 IN THE AMOUNT OF $150 , 000 , BOTH <br /> ACCOUNTS BEING WITHIN THE SELF-INSURANCE DEPARTMENT <br /> BUDGET . <br /> STATEMENT OF PURPOSE AND INTENT : <br /> The City of South bend has , during 1986 , experienced a <br /> large increase in insurance premiums and an increased level of claims <br /> settled; <br /> NOW, THEREFORE , BE IT ORDAINED By the Common Council of the <br /> City of South Bend, Indiana as follows : <br /> SECTION I . The following sums of money are hereby <br /> appropriated as set forth below: <br /> 342 . 0 Insurance Premiums $187 , 000 . 00 <br /> 391 . 0 Refunds , Awards , Indemnities 150 , 000 . 00 <br /> TOTAL $337 , 000 . 00 <br /> SECTION II . This ordinance shall be in full force and <br /> effect from and after its passage and approval by the the Mayor . <br /> lei 6,4.4 % y <br /> AL4 Member of the C . mon Council <br />