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HomeMy WebLinkAbout9726-06 Appropriating Fund # 377ORDINANCE No. Passed by the Common Council of the City of South Bend, Indiana December 11, Attest: Attest: Presented by me to the Mayor of the City of South Bend, Indiana December 12, 20 06 JOHN Approved and signed by me December 13 2p 06 City Clerk Mayer 20 06 City Clerk President of Common Council ORDINANCE NO. ~ ~ Z b' O~o AN ORDINANCE APPROPRIATING MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF FUND 377 OF THE CIVIL CITY OF SOUTH BEND, INDIANA FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2007, AND ENDING DECEMBER 31, 2007, INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS, AND FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT STATEMENT OF PURPOSE AND INTENT: It is necessary to pass this Ordinance in order to appropriate monies to defray the expenses of Fund 377 of the Civil City of South Bend, Indiana for 2007. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: SECTION I. For the expenses of the fund listed below, the following sums of money, as set forth in the attached budget which is made a part hereof, are hereby appropriated and ordered set apart out of the funds hereinafter named, and for the purposes hereinafter specified, subject to the laws governing the same. The sums herein appropriated shall be deemed to include all expenditures authorized to be made in said year, unless otherwise expressly stipulated or provided by the laws. SECTION II. For the fiscal year ending December 31, 2007, there is hereby appropriated out of the following capital fund: Fund 377, otherwise titled College Football Hall of Fame (transfer). SECTION III. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member of the Co o Council e Ci Clerk Presented by me to the Mayor of the City of South Bend, Indiana on the l 2--~ Day of ~~Q,w.b2~r , 2 O i7b , at 3 `-30 o'clock ~. m. ~.J~ Deput City Clerk Approved and signed by me on theme Day of~~~ , 2 ~ ~ , at ID o'clock~.m. 1st READING l 6-~ -~ PUBLIC HEARING (2.-1 ~-O~ 3 rd READING ~Z ~ ~~to NOT APPROVED REFERRED PASSED 1,-1~~1 ~_~ i ~ . of th Bend, died In Cterk'S Office ~~ OCR' ~ 3 M ~u~a JOHN VOORDE CRY CLERK, S0. BEND, IN. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 65-06 A BILL APPROPRIATING MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF FUND 377 OF THE CIVIL CITY OF SOUTH BEND, INDIANA FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2007, AND ENDING DECEMBER 31, 2007, INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS, AND FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Karen L. White Chairperson THE CITY OF SOUTH BEND 2007 BUDGET - SUMMARY OF MAJOR CHANGES FROM 2006 COLLEGE FOOTBALL HALL OF FAME (Fund #377) 2005 2006 2006 Anticipated 2007 Actual Projection Budget Changes Budget REVENUE: Hotel /Motel Tax (a) 465,177 465,177 465,177 8,081 473,258 Professional Sports Development Fund Receipts 384,906 370,000 370,000 15,000 385,000 Miscellaneous 15,702 13,000 6,000 7,000 13,000 Total Revenue 865,785 848,177 841,177 30,081 871,258 2005 2006 2006 Anticipated 2007 Actual Projection Budget Changes Budget EXPENDITURES: Transfer to National Football Foundation (b) 706,425 632,000 632,000 (32,000) 600,000 Transfer to Century Center 0 0 0 100,000 c 100,000 Total Expenditures 706,425 632,000 632,000 68,000 700,000 Revenue Overl(Under)Expenditures 159,360 216,177 209,177 171,258 d NOTES: a -Reflects amount to be received from the Hotel /Motel Tax Board representing 1 % out of the 6% of total hotel /motel tax collected county-wide. b -Represents the City's commitment to transfer to the National Football Foundatiorythe amount received from the Hotel /Motel Tax Board (to be used for operations including the marketing of the Hall~and the estimated $350,000 from the Professional Sports Development Fund to be used for capital upgrades. c -Represent the amount transferred from Professional Sports Development dollars to cover Century Center capital expenditures. ~'I~l^.G (~ Esc ~'~~'S ~~(t~D OCT - 3 2G JOHFd VO~~~DE CITY CLEn':.. ~Q. ,E~.`D, I~1. CITY OF SOUTH BEND TAXES 377-0000-317.00-00 HOTEL/MOTEL TAX * TAXES INTERGOVERNMENTAL GRANTS 377-0000-335.10-00 PROF SPORTS DEV AREA * INTERGOVERNMENTAL GRANTS MISCELLANEOUS REVENUES 377-0000-361.00-00 INTEREST ON INVESTMENTS * MISCELLANEOUS REVENUES ** C.F.H.F. DEBT SERVICE 2007 BUDGET 2006 2006 2005 as of 8/25/06 ORIGINAL 2007 ACTUALS ACTUALS BUDGET BUDGET F~l~~ lt~ b~.a3 o~~*a~'~ W 111~~ OCT - 3 2006 JN~~Ci JUJRL'"~ CITY CI.~FiR, ~'~. Ir~ld7, IN. 465,177 354,944 465,177 473,258 465,177 354,944 465,177 473,258 384,906 196,923 370,000 385,000 384,906 196,923 370,000 385,000 15,702 10,569 6,000 13,000 15,702 10,569 6,000 13,000 865,785 562,436 841,177 871,258 CITY OF SOUTH BEND OTHER USES 377-0401-452.50.14 HOTEUMOTEL 377-0401-452.50-15 PROF. SPORTS DEV - HOF 377-0401-452.50-16 PRF. SP DEV -CENTURY CEN OTHER USES *** C.F.H.F. DEBT SERVICE 2007 BUDGET 2006 2006 2005 as of 8/25/06 ORIGINAL ACTUALS ACTUALS BUDGET 706,425 354,944 632,000 0 0 0 0 0 0 2007 BUDGET 473,258 126,742 100,000 706,425 354,944 632,000 700,000 706,425 354,944 632,000 700,000 .------- ~"E~Ct~ il"i ~$~.'''~ ~ia3~~ ~___--- OCT - 3 2~0~ CITY CLEr''~, `=0. DE'ID,1~`I. CouNTr-Crrr BvILDrrrc 227 W JEFFERSON BLVD. $O[TI'H BEND, INDLINA 46601-1830 PxoNE574/235-9216 FAx 574/235-9928 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR DEPARTMENT OF ADMINISTRATION AND FINANCE M. CATHERINE FANELLO CONTROLLER October 3, 2006 Mr. Timothy Rouse South Bend Common Council 4th Floor, County-City Building South Bend, IN 46601 Re: 2007 Appropriation Ordinance -Fund 377 (Titled, "College Football Hall ofFame-transfer") Dear Mr. Rouse: An ordinance relevant to the 2007 budget is attached for filing. This ordinance is necessary to appropriate dollars to be distributed to the College Football Hall of Fame and Century Center in 2007. If you have any questions or comments regarding these ordinances, please feel free to call me. Your favorable consideration is respectfully requested. S' cerely, C herine Fanello City Controller 6 ~i~il ~~~~~~~s o~~~~~ r r ,,,:.~ ~ 200 4 }.,.~ ~ tr' h ~s~c ltl JANICE L. HALL LIZ ROWE THOMAS SKARBEK SUSAN WALIACE RoBERTALLEN DIRECTOR DIRECTOR .DIRECTOR MANAGER DIRECTOR HUMAN RESOURCES CITY FINANCE BUDGETING & FINANCIAL REPORTING BENEFITS INFORMATIONTECHNOLOGY