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ORDINANCE NO. 5035 -68 <br />AN ORDINANCE FOR AN ADDITIONAL APPROPRI- <br />ATION TO ACCOUNT 51, "INSURANCE & PREMIUMS" <br />IN THE AMOUNT OF $5,500.00 AND THE TRANSFER <br />OF SAID SUM FROM ACCOUNT 221, "ELECTRIC <br />CURRENT ", IN THE DEPARTMENT OF PUBLIC PARKS, <br />ALL BEING WITHIN THE GENERAL PARK FUND. <br />WHEREAS, certain extraordinary conditions have developed since the <br />adoption of the existing annual budget so that it is now necessary to appropri- <br />ate more money than was appropriated in the annual budget for the various <br />functions of city government to meet such extraordinary condtions; and, <br />WHEREAS, estimated cost of insurance premiums quoted to prepare the <br />1968 budget are not sufficient to cover outstanding premiums; and <br />WHEREAS, a surplus does exist in Account 221, Electric Current because <br />of the time table required by the Indiana and Michigan Electric Company for <br />the installation of lights throughout the park system. <br />BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA: <br />SECTION I. That the sum of $5,500.00 be transferred from Account <br />221, Electric Current and transferred and appropriated <br />to Account 51, Insurance & Premiums, both accounts <br />being within the General Park Fund. <br />SECTION II. This ordinance shall be in full force and effect from and <br />after its passage by the Common Council, its approval by <br />the Mayor, legal publication and the fulfillment of all <br />statutory requirements of emergency appropriations. <br />i ei .c2ed R AuA; 9 -9 -68 <br />;iJ n�.......:J <br />:J! i::. i fuw Fil <br />9 -23 -68 <br />FILED IN CLERK'S OFFICE <br />AUG- 2-1 1968 <br />KATHRYN L. BLCUGH <br />CITY CLERK, SOUTH BEND, fND. <br />