HomeMy WebLinkAboutTransferring Cumulative Capital Development Fund 1990 •
ORDINANCE No. 8072-90
Passed by the Common Council of the City of South Bend,Indiana
February 26, 90
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Attest: a City Clerk
IRENE K. GAMMON
Attest: ,77/Lc.,
President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
February 27, 90
19
City Clerk
IRENE K. GAMMON
Approved and signed by me .tY)0/7-CA
�`` Mayor
SUBSTITUTE BILL NO.
ORDINANCE NO. 86701 - (10
AN ORDINANCE TRANSFERRING MONIES WITHIN
THE CUMULATIVE CAPITAL DEVELOPMENT FUND
OF THE CITY OF SOUTH BEND, INDIANA FOR
THE YEAR 1990.
STATEMENT OF PURPOSE AND INTENT:
Unforseen conditions have developed since the adoption of
existing budgets which necessitate the transfer of funds in the
Cumulative Capital Development Fund from the other contractual
account to the motor equipment account.
NOW, THEREFORE, BE IT ORDANINED 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:
4427.00 Motor Equipment $ 125,950
Decrease the following account:
4399. 00 Other Contractuals $ 125,950
SECTION II : This ordinance shall be in full force and effect
from and after its passage and approval by the Mayor.
/741 -2-
Member of the C on Co • 1
Filed in Clerk's Office
1st READING - r a- 9 0 FEB 71990
PUBLIC HEARING a2-a/0_cm
3rd READING c2_
NOT APPROVFn •E F GAYYnu
11,,,,,:c5" T�\��\I l�/,�,�`d�ll^�����`'_'11.)//1"/ City of South Bend
ill'f` �� =.'d �� Joseph E. Kernan, Mayor
• 1865
Department of Administration and Finance
Katherine Humphreys, Director
February 7, 1990
Thomas Zakrzewski
President
Common Council
400 County-City Bldg.
South Bend, Indiana 46601
Dear President Zakrzewski:
The attached Bill proposed for your consideration requests a
transfer of $125,950 from the .4399 other contractuals line item in
the Cumulative Capital Development Fund. We are requesting that
these funds be transferred to a motor equipment account in the same
amount in order to purchase ten police cars. We obtained bids from
local vendors that show a net unit price of $12,595.
As you recall, we eliminated the motor equipment line item from
the Police Department budget at the conclusion of the budget hearings
last year. At that time, I indicated that we would be evaluating our
CCDF revenue in anticipation of purchasing cars from that fund. The
deadline for placing the order with the local vendor, who then must
go through the State, is February 23, 1990, and we will be placing an
order for a total of twenty cars at that time. Prior to the time of
payment, I anticipate identifying the source of additional funds.
I will be happy to answer any questions you or any Council member
may have regarding this Ordinance. Thank you very much for your
consideration.
Sinc-rely,
r .f ► A
K: i�'�'m ne Humphreys +��
Di -ctor of Administration
an. Finance
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