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ORDINANCE NO. (o JY4, ? <br />AN ORDINANCE REDUCING THE 1978 MOTOR VEHICLE HIGH- <br />WAY BUDGET IN THE AMOUNT OF $344,567.00, AS MAN- <br />DATED BY THE OFFICE OF THE STATE BOARD OF TAX <br />COMMISSIONERS <br />STATEMENT OF PURPOSE AND INTENT: <br />In that the 1978 budget for the Motor Vehicle Highway Fund appropriated <br />$1,564,540.00 for activities administered by the Bureau of Streets; and <br />In that upon their review of the 1978 Motor Vehicle Highway Fund the Office <br />of the State Board of Tax Commissioners has mandated that said Fund be reduced by <br />$344,567.00 to $1,219,973.00, <br />NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA: <br />SECTION I: That certain line items in the 1978 Motor Vehicle Highway Fund <br />be reduced by the sum of $344,567.00, as follows: <br />ACCOUNT <br />DESCRIPTION <br />AMOUNT <br />421 <br />Aggregate <br />$ 15,000 <br />422 <br />Mineral Filler <br />2,500 <br />423 <br />Emulsion <br />10,000 <br />424 <br />Bituminous Materials <br />87,500 <br />425 <br />Concrete <br />20,000 <br />426 <br />Salt <br />60,000 <br />440 <br />Other Materials <br />5,000 <br />TOTAL 400 $200,000 <br />722 Motor Equipment 140,000 <br />726 Other Equipment 4,567 <br />TOTAL 700 $144,567 <br />TOTAL REDUCTION $344,567 <br />SECTION II: This ordinance shall be in full force and effect from and after <br />its passage by the Common Council and its approval by the Mayor. <br />1st READING l,. ? !1'—,2,?' <br />PUBLIC PIEARIi;G <br />2nd PEADING <br />NOT APPROVED <br />REFERRED <br />PASSED <br />°: <br />ember f the Common Council <br />1� signed � oProvide <br />i <br />ppo t -y for j: l s dis ussioxfl «Q IN CLERK'S Of FICE <br />and Council action on the issue., <br />APR 191978 <br />Irene Gammon <br />my CM& SOUTH D1ENO,, IND. <br />G <br />