Appropriating $30,000 Studebaker Oliver Reverting, $2,000,000 Economic Development State Grant and $21,157 from Central Services Fund

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ORDINANCE NO. [03S-3-U' U 3 S3- AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING ADDITIONAL FUNDS FOR CERTAIN DEPARTMENTAL AND CITY SERVICES OPERATIONS IN 2015 OF $30,000 FROM STUDEBAKER OLIVER REVERTING GRANTS FUND (#209),$2,000,000 FROM ECONOMIC DEVELOPMENT STATE GRANT FUND ( #210), AND $21,157 FROM CENTRAL SERVICES FUND ( #222). STATEMENT OF PURPOSE AND INTENT The Common Council passed the City's 2015 operating and capital budgets in 2014 (Ordinances 410331 -14 passed on October 27, 2014) which included expenditures for various City operations. It is now necessary to appropriate additional funds for operational and capital 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 expenditures as follows: Fund Amount Studebaker Oliver Reverting Grant Fund ( 9209) $ 30,000 Economic Development State Grant Fund ( #210) 2,000,000 Central Services Fund ( #222) 21,157 TOTAL 2 Section II. This ordinance shall be in full force and effect from and after its passage by the Common Council and approval t e Mayor. \ ICJ � Member of the mmon ouncil Attest: City Clerk