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HomeMy WebLinkAboutAppropriating $150,000.00 from Federal Assistance Grant Fund to a New Federal Assistance Program and AccountORDINANCE No. 5710 -74 Passed by the Common Council of the City of South Bend, Indiana r iileto k 4'-" IRENE K. GAMMON Presented by me to the Mayor of the City of South Bend, Indiana Approved and signed by AUGUST 13 a Clerk of Common Council IRENE K. GAMMON Clerk ORDINANCE NO. 5710 -74 AN ORDINANCE APPROPRIATING $150,000.00 FROM THE FEDERAL ASSISTANCE GRANT FUND TO A NEW FEDERAL ASSISTANCE PROGRAM AND ACCOUNT, PROGRAM F.A. 69, SOUTH BEND PUBLIC TRANSPORTATION CORPORATION SUBSIDY, ACCOUNT NO. 631.0, "GRANTS AND SUBSIDIES ", TO BE ADMINISTERED BY THE DEPARTMENT OF ADMINISTRATION AND FINANCE OF THE CITY OF SOUTH BEND, INDIANA. WHEREAS, certain extraordinary conditions have developed affecting the ability of the South Bend Public Transportation Corporation to carry out its governmental functions and responsibilities and maintain its present level of transit service; and WHEREAS, the Administration and the Common Council of the City of South Bend have determined that the continuation of the present level of transit service is both desirable and necessary; and WHEREAS, the Federal Revenue Sharing regulations list transportation as one of its priority categories to which revenue sharing funds can be allocated; NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. That the sum of $150,000.00 be, and hereby is appropriated rr om the Federal Assistance Grant Fund to a new program and account, more specifically to -wit: PROGRAM F.A. 69 "South Bend Public Transportation Corporation Subsidy" Account No. 631.0 "Grants and Subsidies" $150,000.00 SECTION II. This Ordinance shall be in full force and effect from and after is passage by the Common Council, its approval by the Mayor, and the fulfillment of all statutory requirements. Passed August 12, 1974, as Tatnutitirr Sport 010 tot Tontmmtt (found( of top Mttg of #old# vend: Your Committee of the Whole to whom was referred AN ORDINANCE APPROPRIATING $150,000.00 FROM THE FEDERAL ASSISTANCE GRANT FUND TO A NEW FEDERAL ASSISTANCE PROGRAM AND ACCOUNT, PROGRAM F.A. 62, SOUTH BEND PUBLIC TRANSPORTATION CORPORATION SUBSIDY, ACCOUNT NO. 631.0, "GRANTS AND SUBSIDIES ", 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 the Ordinance should be recommended favorably to the Common Council. PLEASE NOTE: The Ordinance was later amended in the Council portion of the meeting to change the Program from F.A. 62 to F.A. 69. Odell Newburn Chairman FR [[ RR Eti Ry9L19NIN4 CO. CITY OF SOUTH BEND Reply To: South Bend, Indiana 46601 Jerry J. Miller July 1, 1974 Mayor James V. Barcome Director, Administration and Finance TO: Members of the Common Council FROM: Richard B. Hunt, Controller, SBPTC SUBJECT: Revenue Sharing Appropriation for the South Bend Public Transportation Corporation The attached proposed ordinance is necessary to enable the Public Transportation Corporation to continue service at its present level. As you are aware, the PTC was not able to obtain the full tax rate required to maintain service in 1974. Therefore it turned to the.,City of South Bend for assistance from federal revenue sharing funds. A complete financial report and statement of analysis is currently being prepared for the Council's perusal. Copies of this report will be provided to the Council by the 8th of July, if not sooner. Thank you for your attention in this matter. &Lg tc,- �� — Richard B. Hunt, Controller South Bend Public Transportation Corporation