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ORDINANCE NO. 1 ~ ~ `~ ~ ~
<br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
<br />INDIANA, APPROPRIATING FUNDS FOR CAPITAL AND PROGRAM EXPENDITURES
<br />FOR THE FISCAL YEAR 2007 INCLUDING $3,000,000 FROM THE GENERAL FUND,
<br />$1,500,000 FROM THE CUMULATIVE CAPITAL DEVELOPMENT FUND,
<br />$800,000 EMERGENCYMEDICAL SERVICES
<br />$4,500,000 FROM THE COUNTY OPTION INCOME TAX FUND,
<br />$1,000,000 FROM THE ECONOMIC DEVELOPMENT INCOME TAX FUND,
<br />$200,000 MORRIS PERFORMING ARTS CENTER, $824,500 FROM THE PARKS AND
<br />RECREATION FUND, $ 320,000 FROM THE PARKS NON-REVERTING CAPITAL FUND,
<br />$75,000 FROM THE PARK RECREATION NON-REVERTING FUND,
<br />$4,000 FROM THE EA5T RACE WATERWAY FUND,
<br />$3,100,000 FROM THE LOCAL ROADS AND STREETS FUND,
<br />$ 31,500 CONSOLIDATED BUILDING FUND
<br />$1,105,100 FROM THE WATER WORKS DEPRECIATION FUND, AND $3,215,000
<br />FROM THE SEWAGE WORKS DEPRECIATION FUND
<br />STATEMENT OF PURPOSE AND INTENT
<br />The City anticipates making a variety of capital improvements to its various facilities and
<br />capital inventory during fiscal year 2007 and has determined that it is necessary and appropriate
<br />to make payment of these expenses and to appropriate sufficient funds from the various capital
<br />funds of the City to do so, and that it is in the best interests of the City that the same occur.
<br />The specific capital improvements and expenditures the City anticipates making and the
<br />capital funds from which appropriations are made to support those expenditures are identified
<br />hereafter.
<br />NOW, THEREFORE BE IT ORDAINED BY THE COMMON COUNCIL OF THE
<br />CITY OF SOUTH BEND AS FOLLOWS:
<br />SECTION I. The following amounts shall be and hereby are appropriated in the fiscal
<br />year 2007 and ordered set apart within the following designated capital funds for the payment of
<br />the expenses identified below, and in accordance with the detail attached as Exhibit A.
<br />FUND AMOUNT
<br />GENERAL FUND (Fund # 101) $3,000,000
<br />CUMULATIVE CAPITAL DEVELOPMENT FUND (Fund # 406) 1,500,000
<br />COUNTY OPTION INCOME TAX FUND (Fund # 404) 4,500,000
<br />ECONOMIC DEVELOPMENT INCOME TAX FUND (Fund # 408) 1,000,000
<br />MORRIS PERFORMING ARTS CENTER (Fund #416) 200,000
<br />PARKS AND RECREATION FUND (Fund # 201) 824,500
<br />PARKS NON-REVERTING CAPITAL FUND (Fund # 405) 320,000
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