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9905-09 Appropriating $59,850 plus additional nominal interest from general grant fund #250
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9905-09 Appropriating $59,850 plus additional nominal interest from general grant fund #250
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Last modified
12/3/2009 11:49:19 AM
Creation date
3/2/2009 4:26:14 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
2/23/2009
Ord-Res Number
9905-09
Bill Number
10-09
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ORDINANCE NO. ` ~ ©~ '' 05 <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING $59,850.00 PLUS ADDITIONAL NOMINAL INTEREST <br />FROM GENERAL GRANT FUND (#250) FOR ART IN PUBLIC PLACES, AND <br />CLOSING FUND #250 <br />STATEMENT OF PURPOSE AND INTENT <br />General Grant Fund #250 was established through a private contribution from the Goheen <br />Trust which restricted the funds to the creation and support of Art in Public Places in South <br />Bend. <br />This ordinance appropriates all monies remaining in the Fund, i.e. $59,562.00 plus <br />expected interest of about $290.00 through 2009, for the intended Goheen Trust purpose of <br />creating and supporting art in public places, i.e., additional art work in the Jon Hunt Plaza, and a <br />public exhibition of sculpture by South Bend native George Rickey through the Community <br />Foundation. This appropriation will exhaust Fund #250 which should then be closed. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />Section I. The sum of $59,850.00 plus any additional nominal interest is hereby <br />appropriated from General Grant Fund #250 for art in public places including additional art work <br />in the Jon Hunt Plaza and a public sculpture exhibition in downtown South Bend through the <br />Community Foundation. <br />Section II. Upon completion of the appropriation authorized in Section I, General <br />Grant Fund #250 shall be closed. <br />Section III. This Ordinance shall be in full force and effect from and after its passage by <br />the Common Council and approval by the Mayor. <br />Member of the Common Council <br />Att <br />ity erk <br />
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