Transferring $17,475.00 Variou Accounts Parking Garage Budget

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ORDINANCE NO. AN ORDINANCE TRANSFERRING THE SUM OF $17,475.00 FROM VARIOUS ACCOUNTS TO VARIOUS ACCOUNTS WITHIN THE PARKING GARAGE BUDGET IN THE PARKING GARAGE FUND OF THE CITY OF SOUTH BEND, INDIANA. STATEMENT OF PURPOSE AND INTENT: In that certain extraordinary conditions have developed since the adoption of the existing budget for the Parking Garages, it is now necessary to appropriate more money than was appropriated in the original budget for various functions of the Bureau of Parking Garages to meet such extraordinary conditions; and In that additional funds are needed for various accounts within the Bureau of Parking Garages to assure the Department's ability to properly perform its functions; and in that a surplus exists in other various accounts of said Department's budget which is not presently needed. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: SECTION I. That the sum of $17,475.00 be transferred between various accounts as set forth below: REDUCE THE FOLLOWING ACCOUNTS ACCOUNT DESCRIPTION AMOUNT 210.0 Postage 100.00 224.0 Water 150.00 251.0 Buildings & Structures Repairs 6,000.00 655.0 Parking Sinking Fund 11,225.00 TOTAL REDUCTION $17,475.00 INCREASE THE FOLLOWING ACCOUNTS 220.0 Utilities 2,500.00 260.0 Other Contractuals 91500.00 330.0 Other Office Supplies 425.00 362.0 Stationery & Printing 750.00 726.0 Other Equipment 4,300.00 $17,475.00 SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council and its approval by the Mayor.