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BILL NO. <br /> ORDINANCE NO. 7(Q'9-t (o <br /> AN ORDINANCE TRANSFERRING $87,000.00 <br /> AMONG VARIOUS ACCOUNTS WITHIN THE <br /> DIVISION OF COM1UNITY 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 <br /> are 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 $87,000.00 is hereby transferred among accounts as <br /> set forth below. <br /> Reduce the following accounts: <br /> Project No. Description Amount <br /> 1985 ULO Unspecified Local Option $ 10,000 <br /> 1986 ULO Unspecified Local Option $ 77,000 <br /> TOTAL $ 87,000 <br /> Increase the following accounts: <br /> Project No. Description Amount <br /> CD86-203 Neighborhood Clean-Up Crew <br /> (NAN) $ 10,000 <br /> CD86-601 Redevelopment Administration 35,000 <br /> CD86-1100 Community Development <br /> Administration 42,000 <br /> TOTAL $ 87,000 <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 approval by the Mayor. <br /> Ilk <br /> AirAL.L.r ' <br /> ember of the Co "Co 1 <br />