HomeMy WebLinkAboutTransferring $50,000 among various accounts the Economic Development ORDINANCE No. 7835-87
Passed by the Common Council of the City of South Bend, Indiana
December 7, 19 87
Attest: City Clerk
IRENE K. GAMMON
."�/.It 4 '!P t ,c�
Atres 4 �� President o f Common Council
Presented by me to the Mayor of the City of South Bend, Indiana _
December 8, rg 87
City Clerk
IRENE K. GAMMON
Approved and signed by me 02,621)04aA) Fl ,911
`c' Mayor
r
BILL NO.
•
ORDINANCE NO. `7e3S'-8 7
AN ORDINANCE TRANSFERRING $50, 000 . 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, transfers among accounts are
necessary.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the
City of South Bend, Indiana:
SECTION I . The sum of $50 , 000 . 00 is hereby transferred among
accounts as set forth below.
Reduce the following accounts:
Project No. Description Amount
CD87-402 Fredrickson Park $50 ,000 . 00
TOTAL $50 ,000 . 00
Increase the following accounts:
Project No. Description Amount
CD87-601 Redevelopment Administration $50 ,000 . 00
TOTAL $50 ,000 . 00
SECTION II. No costs will be incurred or funds expended for
any of the 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 approval by the
Mayor.
��
irn! %_IJ -r
" emb-Or of the Common Cou .il
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��®��� CITY of SOUTH BEND
®® 3ru �.k
� - �� ROGER O. PARENT, Mayor
'�'� ; , �A DEPARTMENT OF ECONOMIC DEVELOPMENT
® `- ;"`" ~�� 1200 COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601 219/284-9371
JON R. HUNT
EXECUTIVE DIRECTOR
ANN KOLATA
DEPUTY EXECUTIVE DIRECTOR November 16 , 1987
South Bend Common Council -
4th Floor Council Chambers
400 County-City Building
South Bend, IN 46601
Dear Council Member:
The attached bill transfers $50 ,000 .00 from the 1987 Fredrickson
Park account to the 1987 Redevelopment Administration account.
This transfer is necessitated by the unanticipated reduction
in Civil City funds which the Department of Economic Development
recently experienced. This additional money will cover remaining
administrative costs through the end of 1987 .
Should you have any questions regarding this bill, please feel free
to call me.
Sincerely,
v, i
/
Elizabeth Leonard
Director, Financial and
Program Management
REDEVELOPMENT COMMUNITY DEVELOPMENT HOUSING REHABILITATION HUMAN RIGHTS FISCAL 8 PROGRAM
ANN KOLATA 8 BUSINESS ASSISTANCE KATHRYN BAUMGARTNER MARY E. ALLEN MANAGEMENT
284-9371 DONALD INKS 284-9475 284-9355 ELIZABETH LEONARD
284-9335 284-9335
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(U,0 tile Mom= Mount-11 of tip f!ttt of&rndl, /40:
Your Committee of the Whole
to whom was referred
BILL NO.
128-87 A BILL TRANSFERRING $50,000.00 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.
Ann B. Puzzello
Chairman
FREE PRESS PU•LISNINO CO.