HomeMy WebLinkAboutAppropriating $1,600,000.00 Federal Assistance Grant Fund 1983 Police & Fire Pension CostsORDINANCE No. 7262 -83
Passed by the Common Council of the City of South Bend, Indiana
October 24, Yq 83
IRENE K. GAMMON
City Clerk
Presented by me to the Mayor of the City of South Bend, Indiana
October 25, ,,, 83
of Common Council
IRENE K. GAMMON
Approved and signed by me )(: �rbber 19�`
Clerk
ORDINANCE NO. Ga -g3
AN ORDINANCE APPROPRIATING $1,600,000.00 FROM THE
FEDERAL ASSISTANCE GRANT FUND COMMONLY REFERRED
TO AS GENERAL REVENUE SHARING TRUST FUND FOR THE
1983 POLICE AND FIRE PENSION COSTS OF THE CITY OF
SOUTH BEND, INDIANA
STATEMENT OF PURPOSE AND INTENT
Additional funds are needed to supplement the 1983
budget for police and fire pensions, as planned in the budget.
Monies are available within the General Revenue Sharing Trust
Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF
THE CITY OF SOUTH BEND, INDIANA:
SECTION I. That the sum of $1,600,000.00 is hereby
appropriates for t e year 1983 from the Federal Assistance Grant
Fund commonly known as the General Revenue Sharing Trust Fund.
This appropriation is to be administered by the Department of
Administration and Finance and will be distributed as set forth
below:
ACCOUNT
150.1
150.2
PROGRAM FA 238
1983 POLICE AND FIRE PENSIONS
DESCRIPTION
Pensions Retired Personnel
Pensions Personnel Current
Year
Total
AMOUNT
$ 1,430,000.00
170,000.00
$ 1,600,000.00
SECTION II. That this Ordinance shall be in full force
and effect from and after its passage by the Common Council,
approval by the Mayor, and approval by the State Board of Tax
Commissioners.
lsf READING 16 —/O — 9J
PUBLIC HEARING 40 .93
2nd READING
NOT APPROVED
REFERRED
PA55ED /d
ember o the Comm Council
FILED IN " DEF�E
Irene Gammon
CITY CLERK, SOUTH BEND, IND.
Joseph E. Kernan
Director, Administration and
Finance
CITY of SOUTH BEND
ROGER O. PARENT, Mayor
COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601
October 4, 1983
Dear Council Members:
219/284 -9742
This bill would appropriate $1,600,000.00 for police
and fire pensions as planned in the 1983 budget.
These funds are necessary to pay pension benefits
for retirees in the Police and Fire Pension Funds in
1983.
if you have any questions, please contact me at any
time.
Sincerely,
6ep'h E. Kernan
City Controller
JEK/ caw
Attachment
Tommittrr Irpnrt
Xv toe (domnwn Mandl of t4? (gtty of 0OW4
Your Committee OF THE WHOLE
to whom was referred
116 -83 A BILL APPROPRIATING $1,600,000.00 FROM THE FEDERAL
ASSISTANCE GRANT FUND COMMONLY REFERRED TO AS GENERAL REVENUE
SHARING TRUST FUND FOR THE 1983 POLICE AND FIRE PENSION COSTS
OF THE CITY OF SOUTH BEND, INDIANA.
Respectfully -report that they have examined the matter and that in their opinion THIS BILL SHOULD BE
RECOMMENDED TO THE COUNCIL FAVORABLE.
RAY ZIELINSKI
Chairman
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