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Authorizing the Transfer of $950.77 Municipal Bonds to the General Sinking Fund
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Authorizing the Transfer of $950.77 Municipal Bonds to the General Sinking Fund
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Last modified
11/19/2013 3:11:35 PM
Creation date
11/19/2013 1:17:58 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/23/1974
Ord-Res Number
5738-74
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CITY OF SOUTH BEND Reply To: <br />South Bend, Indiana 46601 <br />Jerry J. Miller <br />Mayor <br />James V. Barcome <br />Director, Administration and Finance <br />TO: Members of the Common Council <br />FROM: James V. Barcome, Controller <br />Director - Administration and Finance <br />DATE: September 4, 1974 <br />The attached Ordinance requests the transfer of the balance <br />remaining in the Municipal Bonds of 1965 Fund to the <br />General Sinking Bond Fund. <br />The bond payments for the two outstanding General Obligation <br />Bond Issues are disbursed from the latter fund. As you will <br />note, State law requires Council approval of such action. <br />If and when the transfer is effected, we will be able to close <br />out this exhausted Bond Fund from our records. <br />I hope that you will concur in our request. Thank you. <br />Y' <br />for Administration & Finance <br />JVB:md <br />Attachment: 1 <br />
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