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ORDINANCE NO. X1 7 <br />AN ORDINANCE APPROPRIATING $11,500.00 FROM THE <br />CUMULATIVE CAPITAL IMPROVEMENT FUND, LINE ITEM <br />NO. 260.0, AND $103,500.00 FROM THE LOCAL ROAD <br />AND STREET FUND TO PROJECT R & S 93, EDISON ROAD <br />IMPROVEMENT, WITHIN THE LOCAL ROAD AND STREET <br />FUND. <br />STATEMENT OF PURPOSE AND INTENT: <br />In order to bring Edison Road, from Ironwood Drive to Hickory Road, <br />up to the standards necessary to meet existing traffic needs, certain im- <br />provements have been proposed. <br />Funds are now needed to pay the cost of the construction of these im- <br />provements. These funds are available from the Cumulative Capital Improve- <br />ment Fund and the Local Road and Street Fund for these purposes. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA: <br />SECTION I: The following sums of money are hereby appropriated and <br />ordered to be set apart out of the Cumulative Capital Improvement Fund and <br />the Local Road and Street Fund for the project in the amounts set forth <br />below: <br />PROJECT NO. LOCATION AMOUNT <br />R & S 93 Edison Road, from Ironwood Drive <br />to Hickory Road <br />Cumulative Capital Improvement Fund $ 11,500.00 <br />Local Road and Street Fund 103,500.00 <br />TOTAL PROJECT $115,000.00 <br />SECTION II: This ordinance shall be in full force and effect from and <br />after its passage by the Common Council and approval by the Mayor. <br />ht READING <br />PUBLIC HEARING • ;� <br />2nd READING t5---,q 3 — 77 <br />NOT APPROVED <br />REFERRED <br />PASSED 0? &_%7 <br />Me s. <br />Member of th Common Council <br />FILED IN CLERK'S OFFICE <br />my <br />Irene Gammon <br />.$ffY CLERK, SOUTH BEND, IND. <br />