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Joseph E. Kernan <br />Director, Administration and <br />Finance <br />CITY of SOUTH BEND <br />ROGER O. PARENT, Mayor <br />COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 <br />July 8, 1981 <br />South Bend Common Council <br />4th Floor County -City Building <br />South Bend, Indiana 46601 <br />Dear Members of the Council: <br />219/284 -9742 <br />This bill would provide for the transfer of monies from various <br />departments within the general fund to cover needed capital im- <br />provements in the Fire Department and the Bureau of Traffic and <br />Lighting. <br />The method of funding these improvements is the same as that dis- <br />cussed at the June 26 meeting of the Personnel and Finance Committee. <br />This $61,200.00 is part of a total $831,200 for capital improvements <br />that will also be funded through Revenue Sharing, the EMS Capital <br />Improvement Fund, and lease purchase. <br />The total amount of money already identified for needed capital <br />improvements now totals $1,441,200.00. It has been necessary to <br />pursue these less efficient and more costly methods as a result <br />of the continued unavailability of the General Obligation Bond <br />issue. <br />Your favorable consideration will be appreciated. <br />Sincerely, <br />Q.t J4�� <br />Joseph E. Kernan <br />City Controller <br />JEK:des <br />Attachment <br />