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ORDINANCE N0. ~~11~ r ~ I <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, INDIANA, CLOSING VARIOUS FUNDS <br />OF THE CITY OF SOUTH BEND AND TRANSFERRING THE <br />BALANCES THEREIN TO THE GENERAL FUND <br />OF THE CITY OF SOUTH BEND <br />STATEMENT OF PURPOSE AND INTENT <br />The Common Council of the City of South Bend, upon the <br />recommendation of the State Board of Accounts, has determined that <br />there no longer exists a need to segregate certain funds of the <br />City of South Bend and maintain certain separate funds, and that <br />these funds should be closed and their balances transferred to the <br />General Fund of the City of South Bend. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: <br />Section 1. That the following funds be closed and the <br />indicated balances, plus all accrued interest, on deposit therein <br />be transferred to the General Fund of the City of South Bend. <br />Fund No. <br />Fund Name <br />Balance <br />301 Civil City Debt $ 6,844.00 <br />223 Urban Homesteading 1,257.57 <br />402 East Bank Trail 1,039.94 <br />411 Economic Development Admin. 380.00 <br />TOTAL $ 9,521.51 <br />Section II. This Ordinance shall be in full force and effect <br />from and after its passage by the Common Council and approval of <br />the Mayor. <br />~~~'~~ <br />Member, South Bend Common ouncil <br />ist READING ~~~ ~~~ / <br />Pi15LIC HEAPING / 2 - -CJ~ <br />rd READING <br />~z _8-~~ <br />;OT APPROVED <br />I:EFERRED <br />PASSED ~~ _. ~,...C' 7 <br />Filets in Clerk's Office <br />ra o v.1 ~ ~9s7 <br />LORE7YA J. Dl1pA <br />CITY CLEFiY., g0.6END~ IPI. <br />