Transferring $30,000.00 Board of Public Works "Salaries" "benefit Trust Life Insurance"

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ORDINANCE NO. 5471 -72 AN ORDINANCE TRANSFERRING $30,000.00 FROM THE BOARD OF PUBLIC WORKS AND SAFETY, ACCOUNT H -11 "Salaries" TO THE OFFICE OF THE CONTROLLER, ACCOUNT B -64 "BENEFIT TRUST LIFE INSURANCE" , BOTH OF WHOSE BUDGETS ARE WITHIN THE GENERAL FUND OF THE CITY OF SOUTH BEND. WHEREAS, certain extraordinary conditions have developed since the adoption of the existing annual budget so that it is now necessary to appropriate more money than was appropriated in the annual budget for the various functions of City Government to meet such extraordinary conditions; and WHEREAS, additional funds are needed for the Office of the Controller, Account B -64 "Benefit Trust Life Insurance" to assure that Office's ability to properly perform its functions; and WHEREAS, a surplus exists in the Board of Public Works and Safety, Account H -11 "Salaries" and this surplus is not presently needed; NOW THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. That the sum of $30,000.00 be transferred from the Board of Public Works and Safety, Account H -11 "Salaries" to the Office of the Controller, Account B 764 "Benefit Trust Life Insurance. SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council, its approval by the Mayor, and the fullfillment of all statutory requirements for the transfer of funds between departments in the same fund. Ist & NU READING 12 -4 -72 COMMITTEE OF THE LE —72 ,PUBLIC HEARING 1 YYH —011 2nd 31WEADING 12 -11 -72 NOT APPROVED REFERRED PASSED 12 -11 -72 Member of Common Council FILED IN CLERK'S OFFICE Irene Gammon CITY CLERK, SOUTH BEND, IND. Nov 2 9 1972