Loading...
HomeMy WebLinkAboutAppropriating Additional Monies to Various Funds for the Purpose of Defraying the Expense of Liability & PropertyORDINANCE No. 6166 -77 Passed by the Common Council of the City of South Bend, Indiana June 27 77 � I%' """'`.°-"" City Clerk IRENE K. GAMMON of Common Council Presented by me to the Mayor of the.City of South Bend, Approved and signed by me June 28 _ 77 1'4 """`° J City Clerk IRENE K. GAMMON Io ?2 BILL ORDINANCE NO. (a-LLe:27 AN ORDINANCE APPROPRIATING ADDITIONAL MONIES TO VARIOUS FUNDS AS SET FORTH IN SECTION I. FOR THE PRUPOSE OF DEFRAYING THE EXPENSE OF LIABILITY AND PROPERTY INSURANCE FOR THE CITY OF SOUTH BEND DURING THE PERIOD OF JULY 15 TO JANUARY 15, 1978. STATEMENT OF PURPOSE AND INTENT: As presented to you earlier this year in Resolutions 545 -546 (77), additional funds are now needed to continue and keep In force the city's Liability, Property and Workmen's Compensation insurance during the balance of the contract year. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: SECTION I. The aggregate sum of $329,180.00 is hereby appropriated for the balance of the contract year from various funds as set forth below. These appropriations will be admini- stered by the Department of Administration and Finance. Fund Name Account Account Name 00 General 510.0 Insurance O1 Park Maint. 510.0 Insurance 02 MVH Streets 510.0 Insurance 07 Solid Waste 510.0 Insurance 28 Water Works 510.0 Insurance General 38 -30 Waste Water 510.0 Insurance General 38 -33 Bureau of 510.0 Insurance Sanitation TOTAL ADDITIONAL APPROPRIATION Amount $121,115.00 27,278.00 61,600.00 7,960.00 66,215.00 35,862.00 9,150.00 $329,180.00 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 requirements for emergency appropriations. l & ,7L Peter H. Mullen Director, Administration and Finance ����oLu ^rioNe�c CITY of SOUTH BEND 2� PETER J. NEMETH, Mayor LLJ COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 / NDIANA Members of the Common Council 4th Floor Council Chambers County City Building South Bend, Indiana Dear Council Members: June 8, 1977 219/284 -9742 I am presenting an ordinance for first reading on June 13, 1977, which, if passed, will appropriate funds to pay the City's insurance for the balance of the calendar year. As you will recall, on January 24, 1977, you passed Resolution Num- bers 545 -77 and 546 -77 which approved the resolutions of the Board of Public Works and Park Boards, accepting the proposal of Aetna Insurance for the coverage of the City. At that time I informed the Council that there would be a need for additional funds to pay premiums and audit costs later in the year. The funds, as detailed in the ordinance, will pay premiums owed for the period July 15, 1977 through January 15, 1978, and therefore allow us to maintain our present coverage as it was bid. You will note that the premium costs have been spread among several funds. This was not an arbitrary action, but rather an attempt to place premium responsibility on the source of the exposure. As always, if you have further questions, please feel free to contact me or my staff. TotttudUre Intort Xv t4t TOM= Tounrd of tot, 04; of £ooutq jBrttk. Your Committee of the Whole to whom was referred A BILL appropriating additional monies to various funds as set forth in Section I. For the purpose of defraying the expense of Liability and Property Insurance for the city of South Bend during the period of July 15 to January 15, 1978. Respectfully report that they have examined the matter and that in their opinion this bill be recommended to the Council favorable. Frank Horvath Chairman I I.... PuaL 0XIN4 co.