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HomeMy WebLinkAboutAppropriating $62,500.00 in the Cumulative Capital Improvement Fund BudgetORDINANCE No. 5782 -74 Passed by the Common Council of the City of South Bend, DECEMBER 16, �9 74 a TRFNF. K. GAMMON Presented by me to the Mayor of the City of South Bend, DECEMBER 17, 19 74 Clerk of Common Council Clerk IRENE K. GAMMON ORDINANCE NO. s ,78a - ,74/ AN ORDINANCE APPROPRIATING THE SUM OF $62,500.00 TO ACCOUNT NO. 440.0 'MATERIALS" IN THE CUMULATIVE CAPITAL IMPROVEMENT FUND BUDGET FROM THE CUMULATIVE CAPITAL IMPROVEMENT FUND OF THE CITY OF SOUTH BEND, INDIANA. WHEREAS, certain extraordinary conditions have developed since the adoption of the existing annual budget of the Cumulative Capital Improvement Fund Budget so that it is now necessary to appropriate more money than was originally appropriated, in order to insure the fund's ability to properly perform its functions, and WHEREAS, a surplus currently exists in the Cumulative Capital Improvement Fund which may be appropriated for Account No. 440.0 "Materials "; NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. That the sum of $62,500.00 be, and hereby is, appropriated from the Cumulative Capital Improvement Fund to the Cumulative Capital Improvement Fund Budget to be appropriated as set forth below: $62,500.00 in Account No. 440.0 1T11aterials" SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council, its approval by the Mayor, and the fulfillment of all statutory requirements. P"bj�of­fhe ., FILED IN CLERK'S OFFICE i5I READING f0 -i6 -'? y DEC 1 1 1974 PUBLIC 'rd:ARiNG 1 :2 - I & - ? 2nd READING i a - I e, - 4 Irene Gammon NOT APPROVED CITY CLERK, SOUTH BEND, IND. REFERRED „_.I �,.tz.� -•, PASSED / a _ i (,--?q (� X !/ F CITY OF SOUTH BEND South Bend, Indiana 46601 Jerry J. Miller Mayor Rollin E. Farrand, Sr., P. E. Director, Public Works Members of the Common Council City of South Bend 4th Floor, County -City Building South Bend, Indiana Gentlemen: Reply To: Department of Public Works December 11, 1974 There will be presented for your consideration on December 16; 1974 for first reading and ordinance appropriating $62,500.00 to line item 440,0 Materials of the Cumulative Capital Improvement Fund. This appropriation replaces monies which you, earlier this year, transferred from CCIF to the land account of the Park Department. At that time it was stated that monies would be replaced when the 50% reimbursement was received from the federal government. If there are further questions in this matter please feel free to call on me at any time. Respectfully submitted, r)ry� a U� Michael L. Vance, Fiscal Officer Department of.Public Works MLV /mkm