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NO. 5455 -72 <br />AN ORDINANCE FOR TRANSFER OF $40,000.00 FROM <br />ACCOUNTS MVH -12 "WAGES- SERVICES PERSONAL ", <br />MVH -52 "RENTS- CURRENT CHARGES ", AND MVH -722 <br />"MOTOR EQUIPMENT- PROPERTIES ", TO ACCOUNT MVH -42 <br />"STREETS AND ALLEY MATERIALS ", ALL ACCOUNTS <br />BEING WITHIN THE STREET DEPARTMENT BUDGET OF <br />THE MVH FUND. <br />WHEREAS, certain extraordinary conditions have developed since <br />the adoption of the existing annual budget so that it is now <br />necessary to transfer funds in the annual budget for the <br />various functions of City Government to meet such extraordinary <br />conditions; and <br />WHEREAS, additional funds are needed in Account MVH -42 "Street <br />and Alley Materials" and to assure the Street Department's <br />ability to properly perform its functions; and <br />WHEREAS, a surplus exists in Accounts MVH -12 "Services Personal" <br />MVH -52 "Current Charges, and MVH -722 "Properties" for which <br />there is no present need, and more specifically as follows; <br />to -wit: <br />Account MVH -12 "Wages- Services Personal" $30,000.00 <br />Account MVH -52 "Rents- Current Charges" 5,000.00 <br />Account MVH -722 "Motor Equipment- Properties" .5,000.00 <br />$40,000.00 <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the <br />City of South Bend, Indiana: <br />SECTION I. That the sum of $40,000.00 be transferred from the <br />following accounts and appropriated to Account MVH -42 <br />"Street and Alley Materials ", all accounts being within the <br />Street Department Budget of the MVH Fund: <br />From: Account MVH -12 "Services Personal" $30,000.00 <br />Account MVH -52 "Current Charges" 5,000.00 <br />Account MVH -722 "Properties" 5,00.0.00 <br />To: Account MVH -42 "Street and Alley <br />Materials" <br />SECTION II. This ordinance shall be in <br />from and after its passage by the Common <br />by the Mayor and the fulfillment of all <br />for the transfer of funds. <br />let & ga READRRi i o - a 3 -1 �1_ <br />COMMITTEE OF THE WIM <br />PUBLIC H M94 / I - / 3 <br />30 READIIIA <br />NOT APPROVED <br />REFERRED <br />PASSED 11 -13 -72 - <br />-7 ;I_ <br />As Amended <br />$40,000.00 <br />$40,000.00 <br />full force and effect <br />Council, its approval <br />statutory requirements <br />/s/ Peter J. Nemeth <br />Member of the Common Council <br />