Appropriating $875,000 from Parking Garage Fund and $66,156 from Century Center Fund

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ORDINANCE NO. L 0 YS 2— — I s' AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING ADDITIONAL FUNDS FOR CERTAIN ENTERPRISE OPERATIONS IN 2015 OF $875,000 FROM PARKING GARAGE FUND ( #601) AND $66,156 FROM CENTURY CENTER FUND ( #671). STATEMENT OF PURPOSE AND INTENT The Common Council passed the City's 2015 operating and capital budgets in 2014 ( #10323 -14 passed on October 13, 2014), which included expenditures for various City enterprise operations. It is now necessary to appropriate additional funds for operational expenditures necessary for the City to effect provision of services to its citizens which were not anticipated at the time the City budget was adopted. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: Section I. The following amounts are hereby appropriated in fiscal year 2015 and set apart within the following designated funds for operational expenses as follows: Fund Amount Parking Garage Fund ( 4601) $875,000 Century Center Fund ( #671) 66,156 TOTAL 41 6 Section II. This ordinance shall be in full forc nd effect from and after its passage by the Common Council and approval oft Mayor. Member of the Co on Council Attest: �� " �L —��7 City Clerk Presented by me to the Mayor of the City of South Bend, Indiana, on the V'CX � day of M6-cam , 2015, at � 3O o'clock ct . m. Deputy City Clerk