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HomeMy WebLinkAboutTransferring $125,000.00 Cumulative Capital Improvement FundORDINANCE No. 6643 -79 Passed by the Common Council of the City of South Bend, Indiana. September 24 ,^ 79 y Cic Clerk IRENE K. GAMMON G-) . �etVZ� - President of Common Council Presented by me to the Mayor of the City of South Bend, Ind'ana September 25 19 79 IRENE K. GAMMON Approved and signed by me �f �,�,� a 5'�; 192 Clerk BILL NO. 120 -79 ORDINANCE NO. (oeog3- 7 9 AN ORDINANCE TRANSFERRING $125,000.00 FROM ACCOUNT NO. 440.0, OTHER MATERIALS TO ACCOUNT NO. 260.0, OTHER CONTRACTUALS, BOTH ACCOUNTS BEING WITHIN THE CUMULATIVE CAPITAL IMPROVEMENT FUND OF THE CITY OF SOUTH BEND, INDIANA. STATEMENT OF PURPOSE AND INTENT: In that additional funds are needed for an account within the Cumulative Capital Improvement Fund for various Public Works Programs; and in that a surplus exists in another account of the Cumulative Capital Improvement Fund, which is not presently needed, NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I: That the sum of $125,000.00 be transferred as set forth below: REDUCE THE FOLLOWING ACCOUNT ACCOUNT DESCRIPTION AMOUNT 440.0 Other Materials $ 125,000.00 INCREASE THE FOLLOWING ACCOUNT ACCOUNT DESCRIPTION AMOUNT 260.0 Other Contractuals $ 125,000.00 SECTION II: This ordinance shall be in full force and effect from and after its passage by the Common Council and its approval by the Mayor. r !� i. La Member of thie Cop/10 Council Ist READING PUBLIC HEARING 2nd READING NOT APPROVED _ nn- V 1 � f -a $� L`i'` 'F::n; b�..;.1 l3�'i�•, iii'.