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HomeMy WebLinkAboutTransferring Monies from Various Accounts to Various Accounts Economic Development CommissionORDINANCE No. 6872 -80 Passed by the Common Council of the City of South Bend, Indiana December 8, . 1980 e /.� Presented by me to the Mayor of the City of South Bend, Approved and signed by Clerk IRENE K. GAMMON Of Common Council December 9 19 80 IRENE K. GAMMON Clerk ORDINANCE NO. G 9 7a - d'o AN ORDINANCE TRANSFERRING MONIES FROM VARIOUS ACCOUNTS TO VARIOUS ACCOUNTS WITHIN THE BUDGET OF THE ECONOMIC DEVELOPMENT COMMISSION WITHIN THE ECONOMIC DEVELOPMENT COMMISSION FUND OF THE CITY OF SOUTH BEND, INDIANA. STATEMENT OF PURPOSE AND INTENT: In that certain unforeseen conditions have developed since the adoption of the existing operating budget of the Economic Development Commission, it is now necessary to appropriate more money than was appropriated in the original budget to meet these unforeseen conditions; and in that additional funds are needed in certain accounts of said budget, and in that surpluses do exist in other accounts within the same department which are not presently needed. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That the following accounts be adjusted as described below: Reduce the following account: 721 Furniture F, Fixtures $ 180.50 Increase the following accounts: 230 Instruction $ 20.00 241 Print, Office Supplies Other $ 160.50 SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council, approval by the Mayor and fulfillment of all statutory re- quirements for emergency appropriations. _V Mem er of the Common Council a rte' �n rangy 1st READING �' P" g6 DEC PUBLIC HEARING ,dam- a�+=----- •�--"� 2nd READING �t q, ,�n A +. NOT APPROVED kf,e 'G al-livrion REFERRED CITY CLEH, SBJTH BEK, I!kD. PASSED 4 Joseph E. Kernan Director, Administration and Finance South Bend 4th Floor, South Bend, CITY of SOUTH BEND ROGER O. PARENT, Mayor COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 December 3, 1980 Common Council County -City Building Indiana 46601 Dear Council Members: 219/284 -9742 After the filing of the year end transfer ordinance for first reading at your last Council meeting, the Economic Development Commission made this office aware of its need to transfer funds within their budget. This transfer has been requested to cover costs that have exceeded the budgeted amounts in instruction and printing. The instruction and furniture and fixtures line items will be left with zero balances, while the print line item will have a balance of $128.60 after the transfer. Because of the late filing of this bill I respectfully re- quest that the Council suspend its rules at the December 8 meeting in order to have both first and second readings. Thank you very much for your cooperation. Sincerely, '7oseph E. Kernan City Controller JEK:des Attachment Touttu ttrr Irport iZO tot (91MMn (90andt of Or Edify of £=14 Vknd: Your Committee of the Whole to whom was referred A BILL transferring monies from various accounts to various accounts within the Budget of the Economic Development Commission within the Economic Development Commission Fund 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 Walter M. Szymkowiak Chairman PR6[ ..... .......... m