Appropriating $150,000.00 from Federal Assistance Grant Fund to a New Federal Assistance Program and Account

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ORDINANCE NO. 5710 -74 AN ORDINANCE APPROPRIATING $150,000.00 FROM THE FEDERAL ASSISTANCE GRANT FUND TO A NEW FEDERAL ASSISTANCE PROGRAM AND ACCOUNT, PROGRAM F.A. 69, SOUTH BEND PUBLIC TRANSPORTATION CORPORATION SUBSIDY, ACCOUNT NO. 631.0, "GRANTS AND SUBSIDIES ", TO BE ADMINISTERED BY THE DEPARTMENT OF ADMINISTRATION AND FINANCE OF THE CITY OF SOUTH BEND, INDIANA. WHEREAS, certain extraordinary conditions have developed affecting the ability of the South Bend Public Transportation Corporation to carry out its governmental functions and responsibilities and maintain its present level of transit service; and WHEREAS, the Administration and the Common Council of the City of South Bend have determined that the continuation of the present level of transit service is both desirable and necessary; and WHEREAS, the Federal Revenue Sharing regulations list transportation as one of its priority categories to which revenue sharing funds can be allocated; NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. That the sum of $150,000.00 be, and hereby is appropriated rr om the Federal Assistance Grant Fund to a new program and account, more specifically to -wit: PROGRAM F.A. 69 "South Bend Public Transportation Corporation Subsidy" Account No. 631.0 "Grants and Subsidies" $150,000.00 SECTION II. This Ordinance shall be in full force and effect from and after is passage by the Common Council, its approval by the Mayor, and the fulfillment of all statutory requirements. Passed August 12, 1974, as