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HomeMy WebLinkAboutTransferring $205.00 from Parking Meter Fund "Other Compensation" Benefit TrustORDINANCE NO. 5467 -72 Passed by the Common Council of the City of South Bend, DECEMBER 4TH N �9 72 IRENE K. GAMMON Presented by me to the Mayor of the City of South Bend, DECEMBER 5TH a Approved and signed by me l` Q-L-r- s— Clerk of Common Council IRENE K. GAMMON Clerk ORDINANCE NO. 5467 -72 AN ORDINANCE TRANSFERRING $205.00 FROM PARKING METER FUND ACCOUNT 12 "OTHER COMPENSATION" TO PARKING METER FUND ACCOUNT 64 "BENEFIT TRUST LIFE INSURANCE ", BOTH BEING WITHIN THE PARKING METER FUND. WHEREAS, certain extraordinary conditions have developed since the adoption of the existing annual budget so that it is now necessary to appropriate more money than was appropriated in the annual budget for the various functions of City Government to meet such extraordinary conditions; and WHEREAS, additional funds are needed in Account 64 "Benefit Trust Life Insurance" of the Parking Meter Fund to assure that Depart- ment's ability to properly perform'its functions; -and WHEREAS, a surplus exists in Account 12 "Other Compen- sation" of the Parking Meter Fund where this surplus is not presently needed; NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. That the total sum of $205.00 be transferred from Account 12 "Other Compensation" to Account 64 "Benefit Trust Life Insurance ", both being within the PArking Meter Fund. 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. Member of the Common Council Sst & READING 12 -4 -72 COMMITTEE OF THE WHOLE PUBLIC HEARING 12 -4 -72 2nd= READING 12 -4 -72 NOT APPROVED REFERRED PASSED 12-4 -72 - Suspension of Rules FILED IN CLERK'S OFFICE Irene Gammon !;ITY CLERK, SOUTH BEND, IND, NOV 2 9 1972