HomeMy WebLinkAboutClosing Certain Special Funds & Transferring any Balances Therein to the General Fund of City of South BendNRES$9koUTION
Passed by the Common Council of the City of South Bend, Indiana,
December 10, 90
Attest: _ All ---..--. City Clerk
Presented by me to the Mayor of the City of South Bend, I
December 11, 90
9
of Common Council.
City Clerk
Approved and signed by me_ j( J/Jj (�� l ✓ 1990.
Nd
Mayor
RESOLUTION NO.
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY
OF SOUTH BEND, INDIANA CLOSING CERTAIN SPECIAL
FUNDS AND TRANSFERRING ANY BALANCES THEREIN
TO THE GENERAL FUND OF THE CITY OF SOUTH BEND
WHEREAS, there was created by Ordinance No. 3644 -48 a special
fund of the City of South Bend known as the Parking Meter Fund (Fund
No. 204), deposits therein to be used to regulate traffic and to
regulate the use of the streets and highways of the City of South
Bend, Indiana, to create and define parking meter zones; monies to be
deposited in such fund to be derived from coins deposited in parking
meters located within the City of South Bend, and having a balance in
said fund of $0.00 as of August 31, 1990; and
WHEREAS, there has been established a special fund designated as
the Human Rights Commission Fund (Fund No. 206), deposits therein to
be expended for activities to prevent discrimination and promote
human rights within the City of South Bend, monies to be deposited in
said fund to be derived from specific annual property tax levy, and
such fund having a balance of $1,150.90 as of August 31, 1990; and
WHEREAS, there was created by Ordinance No. 7037 -82 a special
fund known as the Arson Protection Fund (Fund No. 293), deposits
therein to be used by the Police and Fire Departments specifically
for the purpose of training arson investigators and for the purchase
of equipment to be used for arson investigations, monies to be
deposited in such fund having been derived from an Arson Protection
Assistance Grant provided by the State of Indiana to the City of
South Bend, and other money generated by Police and Fire Department
arson activities, and having a balance of $72.64 as of August 31,
1990; and
WHEREAS, there was created by Ordinance No. 4830 -66 a special
fund known as the Industrial Development Fund (Fund No. 296),
deposits therein to be used to construct municipal improvements in
pursuance of the development of the South Bend Industrial Development
Program, monies to be deposited in such fund deriving from a
$100,000.00 loan to the South Bend Industrial Development Fund from
the State of Indiana, and having a balance of $219.62 as of August
31, 1990; and
WHEREAS, there was created by Ordinance No. 7196 -83 a special
non - reverting fund known as the Volunteer Program Fund (Fund No.
297), deposits therein to fund expenditures for costs of a volunteer
program designed to provide additional expertise and efficiency where
limited funds do not allow the City to otherwise acquire these
services, monies to be deposited in such fund to be generated by
grants and donations, and having a balance of $6,000.00 as of August
31, 1990; and
WHEREAS, there has been established a special fund known as the
Economic Development Administration Fund (Fund No. 411), deposits
therein to account for expenditures for specific improvement
projects, monies to be deposited therein to be derived from federal
grants, and having a balance of $1,158.00 as of August 31, 1990; and
WHEREAS, each of the above - referenced special funds has been
dormant and inactive for several years; and
WHEREAS, the Common Council of the City of South Bend, Indiana
has determined that the purpose of each of the above - referenced funds
has been met, and that it is in the best interest of the City of
South Bend that said funds be closed and any monies remaining on
deposit therein be transferred to the General Fund of the City of
South Bend, Indiana.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
of South Bend, Indiana, as follows:
1. That the below - listed funds of the City of South Bend,
Indiana should be, and hereby are, declared dormant:
Fund Balance
4204 - Parking Meter Fund $ 0.00
4206 - Human Rights Commission Fund $1,150.90
#293 - Arson Protection Fund $ 72.64
#296 - Industrial Development Fund $ 219.62
#297 - Volunteer Program Fund $6,000.00
#411 - Economic Development Administration Fund $1,158.00
2. That the purpose of each of the above - listed funds of the
City of South Bend, Indiana has been met.
3. That the above - listed funds should be closed, and any monies
on deposit therein should be, and the same hereby are, transferred
into the General Fund of the City of South Bend, Indiana.
This Resolution shall be in full force and effect from and after
its adoption by the Council and approved by the Mayor.
Adopted this r) day of �p�e(Y1 he ( 1990.
PRESENTED ioL - IC.QU
NOT APPROVED
ADOPTER
/cmm /C:JENNY
MEMBER, SO END CO7 COUNCIL
- 2 -
Filed in Clerk's
DEC 5 1990