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HomeMy WebLinkAboutTransferring $12,920 Among Various Accounts within the Department of Economic Development ORDINANCE No. 7928-88 Passed by the Common Council of the City of South Bend, Indiana _ October 24, iq 88 Attest: City Clerk IRENE K. GAMMON Attest: �� e _ �.� ' � �' � 'resident of Common Council Presented by me to the Mayor of the City of South Bend, Indiana— _ October 25, �9 88 City Clerk IRENE K. GAMMON Approved and signed by me October 27, 1988 v,.rr� Mayor BILL NO. ORDINANCE NO. IQag-gg AN ORDINANCE TRANSFERRING $12, 920.00 AMONG VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF ECONOMIC DEVELOPMENT STATEMENT OF PURPOSE AND INTENT: In order to assure the efficient and timely utilization of Community Development Block Grant Funds and that the immediate needs of specific activities are met, certain transfers among accounts are necessary. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The sum of $12, 920. 00 is hereby transferred among accounts as set forth below. Reduce the following accounts: Project No. Description Amount CD88-608 West Washington Area Development $12, 920 TOTAL $12, 920 Increase the following accounts: Project No. Description Amount CD88-102 Housing .Rehab Fund $12, 920 TOTAL $12,920 SECTION II. No costs will be incurred or funds expended for any activities in this ordinance prior to an official release of funds received from the United States Department of Housing and Urban Development as may be required. SECTION III. This ordinance shall be in full force and effect from and after its passage by the Common Council and approved by the Mayor. :E•- 1 1 Membe of the ommon Counci secy:trnsord2 -soUTH is" , ,,,,\1-1 ‘ .\------, 1z 0 -1 j\ \\ � City of South Bend yv ,\V-': _ ^»/l Joseph E. Kernan, Mayor \\, \865 = Department of Economic Development Jon R. Hunt Ann E. Kolata Executive Director Deputy Executive Director September 9, 1988 South Bend Common Council 4th Floor Council Chambers 400 County-City Building South Bend, IN 46601 Dear Council Member: The attached bill for your consideration and approval will transfer $12,920. 00 among CDBG accounts. The increases will accomplish the following: Increase the West Washington-Chapin housing funds . available in the Housing Rehab Fund. Please call me if you have any questions regarding this bill. Sincerely, \e".",,0__ _.,_I., riel . -liz Leo .rd Director Financial and Progr.m Management EL:ml/f Attachment cc: Jon Hunt 1200 County-City Building • South Bend, Indiana 46601 • 219/284-9371 Fax 219/284-9892 Redevelopment Economic Development Housing Rehabilitation Financial & Program Human Rights Ann Kolata & Business Assistance Kathryn Baumgartner Management Mary E. Allen 284-9371 Donald Inks 521 Eclipse Place Elizabeth Leonard 284-9355 284-9335 284-9475 284-9335 fiummtttn loud Uhl the Motown Qlounrit of the (ling of'nut1 Ernd: Your Committee of the Whole to whom was referred BILL NO. 87-88 A BILL TRANSFERRING $12,920.00 AMONG VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF ECONOMIC DEVELOPMENT. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable. Thomas Zakrzewski Chairman FREE PRESS GSIGDOo PUBLISHING CO.