HomeMy WebLinkAboutEstablishing a new account within the 1973 budget for the City of South Bend. Fireman's Pension Fund Account No. Y350 RESOLUTION
354-73
Passed by the Common Council of the City of South Bend, Indiana,
MARCH 12, 1973
Attest: (� • ��-�-p �, City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
MARCH 13, 19 73
City Clerk
Approved and signed by me „ _ , r 19 '73
Mayor
t
RESOLUTION NO. 7 3
A RESOLUTION ESTABLISHING A NEW ACCOUNT WITHIN THE 1973
BUDGET FOR THE CITY OF SOUTH BEND. FIREMEN'S PENSION FUND
ACCOUNT NO. Y530, "AWARDS, REFUNDS, AND INDEMNITIES", AND
TRANSFERING IN THE AMOUNT OF $4,244.00 FROM ACCOUNT Y532,
"PENSIONS TO FIREMEN BECOMING ELIGIBLE DURING THE YEAR",
WITH AMOUNTS BEING PAYABLE WITHIN THE FIREMEN'S PENSION
FUND.
WHEREAS, certain extraordinary conditions have developed since
the adoption of the existing annual budget so that it is now necessary to
establish a new account within the Firemen's Pension Fund in order to meet
such extraordinary conditions; and
WHEREAS, funds are needed for the Firemen' s Pension Fund
Account No. Y530, "Awards, Refunds, and Indemmities", to assure that office's
ability to properly perform its functions; and
WHEREAS, a surplus exists in Firemen's Pension Fund Account No. Y532,
"Pensions for firemen becoming eligible during the year", and this surplus is
not presently needed;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
of South Bend, Indiana:
SECTION I. That a new Account No. Y530, "Awards, Refunds, and
Indemnities", will be established in the Firemen's Pension Fund and that
$4,244.00 be transfered from Firemen's Pension Fund Account No. Y532,
"Pensions to firemen becoming eligible during the year", to this new account.
SECTION II. This resolution shall be in full force and effect
from and after its passage by the Common Council and its approval by the
Mayor.
Memb r f the Coon Counci
FILED IN CLERK'S OFFICE
MAR 7 1973
PRESENTED �,3 Irene Gammon
NOT APPROVED CITY CLERK, SOUTH BEND, IND.
ADOPTED .3 - a- -7 3