Transferring $161,400.00 Between Accounts within the Division of Community Development

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SUBSTITUTE BILL NO. 94 -84 ORDINANCE N0. AN ORDINANCE TRANSFERRING $161,400.00 BETWEEN ACCOUNTS WITHIN THE DIVISION OF COMMUNITY DEVELOPMENT. STATEMENT OF PURPOSE AND INTENT: The City of South Bend through the Division of Community Development received supplemental funding under Public Law 98 -8 commonly known as the Jobs Bill. In keeping with the intent of the Jobs Bill funds, transfers are required in order to utilize the funds in a timely manner. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana as follows: SECTION I. The sum of $161,400.00 is hereby transferred among the accounts as set forth below: Reduce the following accounts: Project No. Description Amount JB83 -804 King Center Roof $ 1,400.00 JB83 -902 Business & Technology Center 5,000.00 JB83 -1100 General Administration 30,000.00 JB83 -706 Paint -Up, Repair, Weatherization Program 125,000.00 TOTAL $161,400.00 Increase the following accounts: Project No. Description Amount JB83 -701 Neighborhood Clean-Up Crews $ 12,500.00 JB83 -707 Day Care Stipends 10,400.00 JB83 -808 Youth Service Bureau Rehabilitation 15,000.00 JB83 -802 Rehabilitation of Bureau of Housing Site Office 15,000.00 JB83 -907 Special Public Works 68,500.00 JB83 -810 East Bank Development Area Public Works 40,000.00 TOTAL $161,400.00 SECTION II. This ordinance shall be in full force and effect from and after its passage by the Common Council and approved by the Mayor.