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BILL NO. <br /> ORDINANCE NO. 7 3 "-I.s <br /> AN ORDINANCE TRANSFERRING $202, 000 AMONG VARIOUS <br /> ACCOUNTS WITHIN THE DIVISION OF COMMUNITY 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 need <br /> of specific activities are met, transfers among accounts are <br /> necessary. <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the <br /> City of South Bend, Indiana: <br /> SECTION I . The sum of $202, 000 . 00 is hereby transferred among <br /> accounts as set forth below: <br /> Reduce the following accounts: <br /> Project No. Description Amount <br /> CD 84-302 El Campito Rehab $50, 000 <br /> CD 85 Unspecified Local Option $152 , 000 <br /> TOTAL $202 , 000 <br /> Increase the following accounts: <br /> Project No. Description Amount <br /> CD 85-302 El Campito Rehab $125, 000 <br /> CD 85-601 Redevelopment Admin/Proj . Mgmt. 35 , 000 <br /> CD 85-1100 Community Development Mgmt. /Planning 42 , 000 <br /> TOTAL $202 , 000 <br /> SECTION II . This ordinance shall be in full force and effect <br /> from and after its passage by the Common Council and approved by the <br /> Mayor. <br /> Member o t e • o'Council <br />