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HomeMy WebLinkAboutAppropriating Funds Sewage Works Depreciation Fund ORDINANCE No. 7499-85 Passed by the Common Council of the City of South Bend, Indiana July 22, ig 85 Attest: ` `_ct", ��✓ City Clerk IRENE K. GAMMON Attes41-e-44-C1 President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana July 23, ig 85 City Clerk IRENE K. GAMMON Approved and signed by me (+Lit 23 j I 1j 12 9 Mayor ORDINANCE NO. 7 9099-8s BILL NO. AN ORDINANCE APPROPRIATING FUNDS FROM THE SEWAGE WORKS DEPRECIATION FUND FOR EQUIPMENT PURCHASE STATEMENT OF PURPOSE AND INTENT: In order for the Environmental Services Division of the Board of Public Works to provide adequate solid waste collection to the citizens of the City of South Bend, it is necessary that eight (8) packers and eight ( 8) chassis be purchased. To facilitate said purchase it is necessary that certain funds be appropriated for same from the Sewage Works Depreciation Fund. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend , as follows : Section I.Three Hundred .NinetyThousand Dollars ($390 ,000.00) shall be appropriated from the Sewer Works Depreciation Fund (Fund #39) to the Motor Vehicle Equipment Account within the budget of the Bureau of Sanitation, which funds are to be used exclusively for the purchase of eight packers bodies and eight chassis pursuant to bids received by the Board of Public Works on July 1, 1985. Section II. The packers and chassis purchased with said funds shall be leased by the Bureau of Sanitation to the Bureau of Solid Waste for a period of ten ( 10) years . Section III. Monthly lease payments for said packers and chassis shall be made by the Bureau of Solid Waste to the Bureau of Sanitation, which payments shall be subject to appropriations, until the full purchase price plus six percent (6%) annual interest on the unpaid balance is paid . Payments shall commence upon delivery and acceptance of packers and chassis by the Bureau of Sanitation. Section IV. After all lease payments have been made the packers and chassis shall become the property of the Bureau of Solid Waste . Section V. This ordinance shall be in full force and effect upon passage by the Common Council and approval by the Mayor. ®50vTg 4�®®®`•Q�. ,�,}li�ll,#,V/,� 4,,o.®t CITY of SOUTH �:�END 0 H 41x\0 i ��pEAOE�� d'AI ROGER O. PARENT, Mayor ii 04 4t•��,;,- �'4.Af COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601 John E. Leszczynski July 1, 1985 (219) 284-9251 Director,Public Works Mrs . Beverlie Beck, President South Bend Common Council 4th Floor Council Chambers South Bend, IN 46601 Dear President Beck: The enclosed ordinance appropriating $450, 000 from the Sewage Works Depreciation Fund is being filed for first reading of the July 8 , 1985 Council meeting. Through this ordinance the Bureau of Sanitation will be purchasing eight (8) high compaction vehicles to be leased to the Department of Solid Waste for a period of ten (10) years. The high compaction vehicles will allow us to streamline our operations and minimize rising costs in the area of landfill fees. Additionally the vehicles will allow us to utilize a two (2) man per vehicle concept which should result in a cost savings over our current operation. The lease agreement calls for the Bureau of Solid Waste to make monthly payments over a ten (10) year period to the Sewage Works Depreciation Fund for the lease of the equipment at an interest rate of 6% per year. It is anticipated that the equipment will have about a ten (10) year life and would become the property of Solid Waste at the end of that time. Payments would begin upon delivery and acceptance of the equipment by the Bureau of Sanitation. If you have any questions, please feel free to contact my office. Sincerely, e , I • i • .hn Leszczyns- �, Director Public Works JL/caw C3 llnmmtttrt arpurt Uhl tip Comm Mounril of tilt Mtn of'outll Eruct: of the Whole Your Committee to whom was referred BILL NO. 86-85 A BILL APPROPRIATING FUNDS FROM THE SEWAGE WORKS DEPRECIATION FUND FOR EQUIPMENT PURCHASE. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable, as amended: by reducing the appropriation to $390,000 Joseph T. Serge Chairman FREE PRESS ofea,N PUBLISHING CO.