Appropriating Local Road and Street Funds fiscal Year 1969

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ORDINANCE NO. 5120 -69 AN ORDINANCE APPROPRIATING LOCAL ROAD AND STREET ACCOUNT FUNDS FOR THE FISCAL YEAR ENDING DECEMBER 31, 1969. WHEREAS, there was enacted during the 1969 Session of the Indiana General Assembly an Act, Chapter 392 of the Actsof 1969, making available to cities, towns and counties for engineering, construction or reconstruction of roads, streets and bridges under local jurisdiction, certain additional funds to be derived from the 7th and 8th cents of Indiana motor fuel tax and fuel use tax and from increases in fees levied under the Motor Vehicle Act; and WHEREAS, no appropriation of such funds was included in the regular 1969 budget for the Civil City of South Bend because said Act had not yet been passed at the time said budget was prepared and adopted; and WHEREAS, under the terms of the said Chapter 392 of the Acts of 1969, it is necessary for the City of South Bend to appropriate from other funds available to it an amount equal to not less than one - fourth of the cost of eligible projects under said Chapter 392; and WHEREAS, an emergency exists requiring the appropriation and expenditure of certain of said funds already received or to be received before the end of the year 1969. NOW THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I. The following sums of money are hereby appro- priated and ordered set apart out of the Local Road and Street Fund for engineering, construction and reconstruction of roads, streets and bridges, eligible for assistance under Chapter 392 of the Acts of 1969, under the jurisdiction of the Civil City of South Bend, Indiana, as follows: Services Contractual $167,443.29 SECTION II. The following sums of money are hereby appro- priated and ordered set apart out of the Contractor's Improve- ment Fund as a portion of the City of South Bend's share of the cost of engineering, construction and reconstruction of roads, streets and bridges referred to in Section I, as follows: Services Contractual 59,410.68 SECTION III. The following sums of money are hereby re- appropriated and ordered set apart out of the Cumulative Capital