HomeMy WebLinkAboutTransferring $2000 from the South Bend Water Works for deposit in the General Fund of the Civil City of South Bend r 1
RESOLUTION
N0. 66 -- 64
Passed by the Common Council of the City of South Bend, Indiana,
March 23, Iq64
Attest: - +i r .�—•_y . i City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
March 24, 1964
City Clerk
Approved and signed by me March 24 1964
Mayor
RESOLUTION NO. 66 - 64
RESOLUTION TO TRANSFER TWO �7UNDRED
THOUSAND ($200, 000.00) DOLLARS FROM
T"E SOUTT? BEND CITY WATER TUTOR"S, A
MUNCIPAL UTILITY OF THE CIVIL CITY OF SOUT.T
BEND, FOR DEPOSIT IN TEE GENERAL FUND
OF T7E CIVIL CITY OF S0UT'9 BEND.
WHEREAS, by authority of Cl-:apter 71 of t- e Acts of 1961 of
the General Assembly of t'_-,e State of Indiana, also found in Burns
Indiana Statutes Annotated Section 61-1207 and Section 61-1202,
t'.--,e Common Council of the City of Sout Bend l.as t - e aut' ority to
transfer monies fro:p one fund '-.aving a sufficient balance to
anoti-:er fund which is depleted; and
W< EREAS, the General Fund of ti-e Civil City of Sout" Bend
is depleted; and
T�T"EREAS, ponies have not been delivered by t' e St. Josep'
County Treasurer and t1-;e ST. Josep'- County Auditor to t' e Civil
City of Sout' Bend from tl,e 19"J3 taxes payable in 1964 ; and
WT'EREAS, funds are necessary for ti:e City to operate its
business, pay its obligations due and owing; and
WI EREAS, sufficient monies will be available fro a t'-e St.
Joseph County Treasurer and Auditor to pay to the City, -ponies
due and owing to andby virtue of taxes to be derived from personal
and real property; and
WHEREAS, said monies are anticipated to be received on or
be ore the 23rd day of June, 1964,
NOW 7-TEREFORE, BE IT RESOLVED, teat t'.e Controller of t': e
City of Soutl, Bend, be aut'-.ori7ed to transfer the su:a of Two
Hundred t')ousand ($200, 000.00) Dollars out of t'-,-e Sout Bend City
Water Wor -s Fund and into t':-e General Fund of the Civil City of
South Bend, and t' at said transfer be a telporary transfer and t' a
said repayment from the General Fund to t` e Sout' Bend City Water
Wor'-s Fund be effected on or before t e 23rd day of June, 1_964, and
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BE IT FURTTJER RESOLVED, t'Dat t' e Controller issue a warrant
and receipt for t'..e amount of said transfer, and t' at said warrant
s. all be endorsed and deposited in t' e depository account designated
for said General Fund, and
BE IT FURT71ER RESOLVED, t?.?at no appropriation s' all be required
for the said transfer and said repay-tient, and t at no interest s' all_
be cl.-,arged on said temporary transfer,
SOUT7 BEND C ONMON COUNCIL
By zzdlelz C-1-Member
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