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HomeMy WebLinkAboutTransferring $100,000 Equipment Rental Account to the Motor Equipment Account ORDINANCE No. 8194-91 Passed by the Common Council of the City of South Bend, Indiana. June 24, 91 - 19 Attest: ffiC Cit y Clerk IRENE K. GAMMON Attest: President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana June 25, 91 19 City Clerk IRENE K. GAMMON Approved and signed by me June 27 ig 91 a " Mayor • AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, TRANSFERRING $100,000 FROM THE EQUIPMENT RENTAL ACCOUNT TO THE MOTOR EQUIPMENT ACCOUNT ALL WITHIN THE CUMULATIVE CAPITAL DEVELOPMENT FUND OF THE CITY OF SOUTH BEND FOR THE YEAR 1991 STATEMENT OF PURPOSE AND INTENT Unforeseen budget conditions have developed since the adoption of existing budgets which necessitate the transfer of funds from the equipment rental account to the motor equipment account all within the Cumulative Capital Development Fund of the City of South Bend. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AS FOLLOWS: SECTION I. That the following accounts be adjusted as described below: CUMULATIVE CAPITAL DEVELOPMENT FUND Increase the following account: 406. 0401-415-4302 Motor Equipment $100,000.00 Decrease the following accounts: 406-0401-415-3702 Equipment Rental $100,000.00 SECTION II. This ordinance shall be in full force and effect from and after its passage, and approval by the Mayor. M-m•er,t * on Council ' =SpUTii j.bN �" \� a° City of South Bend ll�� ...186., s,at`�i Joseph E. Kernan, Mayor Department of Administration and Finance Katherine Humphreys, Director June 5, 1991 Don Niezgodski President Common Council 400 County-City Bldg. South Bend, Indiana 46601 Dear President Niezgodski: Attached is an Ordinance which is being filed for the purpose of transferring funds in the amount of $100,000 in the Cumulative Capital Development Fund from the Equipment Lease account to the Motor Equipment account. This transfer is necessary in order to provide proper funding for the purchase of additional motor equipment for the City as discussed with the Council on May 22,1991. If you have any questions regarding this Ordinance, please contact me. Sincerely, Katherine Humphreys Director, Administration and Finance KH/jb/c attachment County-City Building • South Bend, Indiana 46601 • 219/284-9742 Fax 219/284-9892 Catherine A. Hubbard John D. Leisenring C. J. Cartwright Personnel Director Chief Deputy Controller Safety & Risk Manager 284-9124 284-9483 284-9482 • (tmnmtttrr Report • COIL Up (lnmuwn Qlounril of the Glnj of ii)out1 Nrnh: Your Committee of the Whole to whom was referred BILL NO. 39-91 SECOND READING ON A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, TRANSFERRING $100,000 FROM THE EQUIPMENT RENTAL ACCOUNT TO THE MOTOR EQUIPMENT ACCOUNT ALL WITHIN THE CUMULATIVE CAPITAL DEVELOPMENT FUND OF THE CITY OF SOUTH BEND FOR THE YEAR 1991. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable. Chairman Loretta Duda