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HomeMy WebLinkAboutTransferring $30,000.00 Board of Public Works "Salaries" "benefit Trust Life Insurance"ORDINANCE No. 5471 -72 Passed by the Common Council of the City of South Bend, DECEMBER 11 K7 IRENE K. GAMMON 72 Clerk Attest; President of Common Council Presented by me to the Mayor of the City of South Bend, DECEMBER 12 (r 72 IRENE K. GAMMON Approved and signed by me 19 Clerk ORDINANCE NO. 5471 -72 AN ORDINANCE TRANSFERRING $30,000.00 FROM THE BOARD OF PUBLIC WORKS AND SAFETY, ACCOUNT H -11 "Salaries" TO THE OFFICE OF THE CONTROLLER, ACCOUNT B -64 "BENEFIT TRUST LIFE INSURANCE" , BOTH OF WHOSE BUDGETS ARE WITHIN THE GENERAL FUND OF THE CITY OF SOUTH BEND. 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 for the Office of the Controller, Account B -64 "Benefit Trust Life Insurance" to assure that Office's ability to properly perform its functions; and WHEREAS, a surplus exists in the Board of Public Works and Safety, Account H -11 "Salaries" and 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 sum of $30,000.00 be transferred from the Board of Public Works and Safety, Account H -11 "Salaries" to the Office of the Controller, Account B 764 "Benefit Trust Life Insurance. 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 fullfillment of all statutory requirements for the transfer of funds between departments in the same fund. Ist & NU READING 12 -4 -72 COMMITTEE OF THE LE —72 ,PUBLIC HEARING 1 YYH —011 2nd 31WEADING 12 -11 -72 NOT APPROVED REFERRED PASSED 12 -11 -72 Member of Common Council FILED IN CLERK'S OFFICE Irene Gammon CITY CLERK, SOUTH BEND, IND. Nov 2 9 1972 Tamutifftr 1e}mrt DECEMBER 11, 1972 cza tke ffomm u (IIouuril of t4r 01H of Oout4 jorn): Your Committee OF THE WHOLE to whom was referred AN ORDINANCE TRANSFERRING $30,000.00 FROM THE BOARD OF PUBLIC WORKS AND SAFETY, ACCOUNT H -11 "SALARIES" TO THE OFFICE OF THE CONTROLLER, ACCOUNT B -64 "BENEFIT TRUST LIFE INSURANCE ", BOTH OF WHOSE BUDGETS ARE WITHIN THE GENERAL FUND OF THE CITY OF SOUTH BEND. Respectfully report that they have examined the matter and that in their opinion the Ordinance should go to the Council as favorable. Odell Newburn Chairman FB6[ pB6t. pVBLIBNIN4 CO.