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HomeMy WebLinkAboutFor additional appropriation in Account B-64 RESOLUTION 291-71 Passed by the Common Council of the City of South Bend, Indiana, November 8, I9 71 Attest: y Clerk L Attest: President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana 19 City Clerk Approved and signed by me 19 Mayor RESOLUTION NO . 291-71 A RESOLUTION FOR AN ADDITIONAL APPROPRIATION IN ACCOUNT B-64 , 11EMPLOYEES ' GROUP INSURANCE" , IN THE BUDGET OF THE CITY CONTROLLER IN THE AMOUNT OF $10 ,000 .00 , AND THE TRANSFER OF SAID SUM FROM ACCOUNT B-63, "RETIREMENT" , BOTH ACCOUNTS BEING IN THE SAME CATEGORY IN THE GENERAL FUND. WHEREAS, certain extraordinary conditions have developed since the adoption of the existing annual budget , so that it is now necessary to appropriate more money than was appropriated in the annual budget for the various functions of City Government to meet such extraordinary conditions ; and WHEREAS , additional funds for Account B-64 , "Employees ' Group Insurance" , in the Office of City Controller, are needed to pay the increased costs of group hospitalization insurance premiums and to assure the department ' s ability to properly perform its functions ; and WHEREAS , a surplus exists in another account where it is not needed presently and more specifically as follows , to-wit : $10 ,000 .00 in Account B-63, designated as "Retirement" . NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana: SECTION I . That the sum of $10 ,000 .00 be transferred from Account B-63, "Retirement" , to Account B-64 , "Employees ' Group Insurance" , both of said accounts in the City Controller's budget being in the same category and in the General Fund. s� Member of the Common Council FILED IN CLERK'S OFFICE NOV 4 1971 KATHRYN L. BLOUGH 1st & 2nd READING 11-8-71 CITY CLERK, SOUTH BEND, IND. COMMITTEE OF THE WHOLE PUBLIC HEARING 11-8-71 3rd READING NOT APPROVED REFERRED PASSED 11-8-71