Transferring $8,700.00 Current Obligations Electric, Telephone $700.00

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Department of Public Parks Administration Building St. Louis Boulevard at Wayne Street South Bend, Indiana 46617 PHONE: (219) 284 -9401 October 18, 1974 Mr. Peter Nemeth; President South Bend Common Council County_ City Building 217 West Jefferson Boulevard South Bend, Indiana 46601 Dear Mr. Nemeth: The.Department.of Public Parks respectively requests the Common Council to approve the enclosed`ordinance , of funds in the General Park Fund, The Department is.requesting that $8; 000 00_be` transferred to Account #221,0, Services Contractual, Electric Current, and that $700,00 be transferred to Account #214.0,_ Services Contractual, Telephone & Telegraph. A shortage has occurred in Account #221,0; Electric Current, because of under- budgeting and the added fuel adjustment costs added to our electric bills. Also the addition of lighted park and recreation facilities,. The shortage in Account,#214.0,_Telephone, is due to added rate increases after the budget was completed, Balance in Account #221,0, Electric, is $5,840.00 and in Account #214,0, Telephone, $1,700.00, We are transferring the $ 8,700.00 from Account #630.0, Current Obligations, Retirement. There is a balance in Account 1630.0 from overbudgeting and the fact that the cities cost to P.E.R.F, has been reduced, There is a balance in Account 11630.0,. Retirement, o£,$ 457000.00. Fourth quarter payment has not been from the $45,000,00. I feel that this transfer is needed for the efficient operation of the De- partment of Public Parks. JRS:kb cc: Common Council Members Very truly yours,'