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Transferring $85,000.00 Bureau of Streets Motor Vehicle Highway
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Transferring $85,000.00 Bureau of Streets Motor Vehicle Highway
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11/18/2013 11:35:59 AM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/22/1975
Ord-Res Number
5891-75
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CITY OF SOUTH BEND <br />South Bend, Indiana 46601 <br />Jerry J. Miller <br />Mayor <br />Rollin E. Farrand, Sr., P. E. <br />Director, Public Works <br />Reply To: John Baumgartner <br />9 -2 -75 <br />Common Council <br />City of South Bend <br />County -City Building <br />South Bend, Indiana 46601 <br />SUBJECT: Transfer of funds to purchase materials for street <br />and alley maintenance. <br />Gentlemen: <br />Due to the increased.esculation cost of materials, we are <br />coming to you for a transfer of funds from our Services Personal <br />Account and our Current Obligations Account to the Materials <br />Account. We purpose a move from: <br />MVH <br />120 - <br />$50,000 <br />MVH <br />110 <br />- 15,000 <br />MVH <br />620 - <br />3,000 <br />MVH <br />630 - <br />15,000 <br />MVH <br />640 - <br />2,000 <br />85,000 <br />This $85,000 will be transferred to MVH- 440.0, Other <br />Materials Account. I believe Mr,, Decker, at an earlier date, <br />informed the Council he would request a transfer of $53,000 <br />from the Services Personal Account due to benefits derived <br />from the C.E.T.A. Program. However at this time, due to cost <br />esculation, we are asking for an $85,000 transfer. <br />Materials, as was the case last year, have increased con- <br />siderably. The following cost increases were not known at <br />the preparation of the 1975 budget. <br />Material Increases: <br />A. Asphalt <br />1. HAC binder #8 or #9 - 12% increase <br />2. HAC surface #11 or #12 - 11% increase <br />3. Bituminous Patching Material - 17% increase <br />4. Bituminous Tack - 12% increase <br />
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