HomeMy WebLinkAboutAppropriating $1,500,000.00 Assistance Grant 1982 Police & Fire Pension CostsORDINANCE No. 7045 -82
Passed by the Common Council of the City of South Bend,
19 82
Ir(da-.-.�....�/
IRENE K. GAMMON
Presented by me to the Mayor of the City of South Bend,
April 27 1982
Clerk
Of Common Council
Clerk
IRENE K. GAMMON
Approved and signed by meiY%(����19
ORDINANCE NO.
AN ORDINANCE APPROPRIATING $1,500,000.00
FROM THE FEDERAL ASSISTANCE GRANT, COMMONLY
REFERRED TO AS GENERAL REVENUE SHARING FOR
1982 POLICE AND FIRE PENSION COSTS TO BE
ADMINISTERED BY THE DEPARTMENT OF ADMINISTRATION
AND FINANCE OF THE CITY OF SOUTH BEND, INDIANA.
STATEMENT OF PURPOSE AND INTENT:
It is the intent of the Common Council and the administration
to supplement the 1982 budgets of the Police and Fire Pension Funds by
$750,000 each. These monies are available in the General Revenue Sharing
Trust Fund and will be used to pay pension benefits to current and past
retirees.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND, INDIANA, AS FOLLOWS:
SECTION I. The sum of $1,500,000.00 is hereby appropriated
for the year 1982 from the Federal Assistance Grant Fund, commonly known as
the General Revenue Sharing Trust Fund. This appropriation is to be admin-
istered by the Department of Administration and Finance and will be distri-
buted as set forth below:
PROGRAM FA
lice and Fire Pension Costs
Account Description Amount
150.2 Pensions Personnel Current /Yr. $170,000
150.1 Pensions Retired Personnel 1,330,000
$1,500,000
SECTION II. This Ordinance shall be in full force and effect
from and after its passage by the Common Council and approval by the Mayor.
isI READING 3 - a a - 9'')_
PUBLIC HEARING a6_��
2nd READING
NOT APPROVED.
REFERRED ,
PASSED
Member of the Common Council
FILED 81 CLEWS OFFICE
MAR 17 1982
Irene Gammon
filly CaR, $00 BEND, IND.
Joseph E. Karnes
Director, Administration and
Finance
CITY of SOUTH BEND
ROGER O. PARENT, Mayor
COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601
March 16, 1982
South Bend Common Council
4th Floor County -City Building
South Bend, Indiana 46601
Dear Members of the Council:
219/284 -9742
This bill would provide the funds necessary to pay 1982 pension
benefits for eligible persons in the Police and Fire pension
funds.
With this additional appropriation the projected year -end bal-
ance in General Revenue Sharing is $360,954.19.
If you have any questions please contact me at any time.
Sincerely,
oseph E. Kernan
City Controller
JEK:des
Attachment
Tommutrr Irport
0010 toe (donmton (0muil of tkr (!Lily of oontq wrnd:
Your Committee OF THE WHOLE
to whom was referred
BILL NO.
34 -82 A BILL APPROPRIATING $1,500,000.00 FROM THE FEDERAL ASSISTANCE
GRANT, COMMONLY REFERRED TO AS GENERAL REVENUE SHARING FOR
1982 POLICE AND FIRE PENSION COSTS TO BE ADMINISTERED BY THE
DEPARTMENT OF ADMINISTRATION AND FINANCE OF THE CITY OF SOUTH
BEND, INDIANA.
Respectfully report that they have examined the matter and that in their opinion THIS BILL SHOULD BE
TO THE COUNCIL FAVORABLE.
JOHN VOORDE
C'- * I
.nee rnese .�x' . .veuew�Ha co.