Trnsferring $50,000.00 with the Bureau of Streets Budget the Motor Vehicle Highway

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ORDINANCE NO. 6458 -78 AN ORDINANCE TRANSFERRING THE SUM OF $50,000.00 FROM ACCOUNT 110.0, SALARIES AND WAGES, REGULAR, IN THE AMOUNT OF $10,000.00, AND ACCOUNT 120.0, SALARIES AND WAGES, TEMPORARY, IN THE AMOUNT OF $40,000.00, TO ACCOUNT 430.0, REPAIR PARTS, IN THE AMOUNT OF $50,000.00, ALL ACCOUNTS BEING WITHIN THE BUREAU OF STREETS BUDGET OF THE MOTOR VEHICLE HIGHWAY 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 Bureau of Streets in the Motor Vehicle Highway Fund, so that it is now necessary to ap- propriate more money than was appropriated in the original budget for the various functions of City Government to meet such extra- ordinary conditions; and In that additional funds are needed for an account within the Bureau of Streets, in the Motor Vehicle Highway Fund, to assure that Department's ability to.properly perform its function; and In that a surplus exists in other accounts of the Bureau of Streets Budget, in the Motor Vehicle Highway Fund, which is not pre- sently needed, NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I: That the Sum of $50,000.00 be transferred between various accounts as set forth below: Account No. 110.0 120.0 REDUCE THE FOLLOWING ACCOUNTS Description Salaries and Wages, Regular Salaries and Wages, Temporary TOTAL YREDUCTION INCREASE THE FOLLOWING ACCOUNT Amount $10,000.00 40,000.00 $50,000.00 430.0 REPAIR PARTS $50,000.00 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. 1 e Common Coun Passed, as amended. SP_ntPmhar 11 1070