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REGULAR MEETING JANUARY 13, 1975
<br />REGULAR MEETING - RECONVENED (CONTINUED)
<br />would be any legal reason why a section could not be added such as was added in the appropriation
<br />ordinance for the Delos House project. He indicated that the issue was a contract between the cit
<br />and Redevelopment in the initial stages. He felt a section should be included that the contract
<br />with the Redevelopment Department and the budget of said contract shall be subject to submission
<br />to the Council within 30 days. Mr. James Barcome, City Controller, stated that this item was
<br />merely an approval on the resolution. He stated that a budget would be furnished the Council.
<br />Councilman Miller indicated that he thought the Mayor had said that no money would be expended
<br />prior to approval of the Common Council. Mr. Barcome indicated that he did not think the Mayor
<br />had said that. Councilman Taylor indicated that Councilman Miller was correct. Mr. Hojnacki
<br />stated that the resolution would authorize the department to spend the money as set out in the
<br />ordinance. Councilman Miller felt a contract or line item budget should be approved by the Counci
<br />Councilman Nemeth suggested that a clause be inserted to authorize that an application be made;
<br />however, before any funds are expended, they must be approved by the Common Council. Councilman
<br />Miller made a motion to insert a new Section III to read as follows:
<br />That a contract for the expenditure of $149,012 be submitted to the Council for
<br />approval within 90 days of the passage of this resolution.
<br />Also, that the present Section III be amended to Section IV.
<br />Councilman Taylor seconded the motion. The motion carried. Councilman Taylor then made a motion
<br />that the resolution be adopted, as amended, seconded by Councilman Serge. The resolution was
<br />adopted by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, Parent, Taylor,
<br />Kopczynski, Horvath, Newburn and Nemeth).
<br />Council President Parent indicated that, whenever there is a question of procedure, the procedure
<br />to be followed would be that debate would be stopped and an appeal be made to the Council.
<br />RESOLUTION NO. 468 -75
<br />RESOLUTION NO. 469 -75
<br />No. 468 -75
<br />A RESOLUTION AUTHORIZING THE TEMPORARY
<br />TRANSFER OF IDLE FUNDS OF THE CITY OF
<br />SOUTH BEND, INDIANA, TO OTHER TEMPORARILY
<br />DEPLETED FUNDS-'OF-THE CITY OF SOUTH BEND,
<br />INDIANA, and
<br />A RESOLUTION AUTHORIZING THE CONTROLLER
<br />OF THE CITY OF SOUTH BEND, INDIANA, TO
<br />INVEST CERTAIN IDLE FUNDS DURING THE
<br />YEAR 1975 IN ACCORDANCE WITH CHAPTER 9
<br />OF THE 1945 ACTS OF THE GENERAL ASSEMBLY
<br />OF THE STATE OF INDIANA, AS AMENDED.
<br />WHEREAS, Chapter 71 of the Acts of 1961 of the General Assembly of the State of
<br />Indiana authorized the Common Council of the Civil City of South Bend, Indiana, by
<br />resolution adopted by such Common Council, to advance and transfer to a depleted fund
<br />from any other such fund, such amount and for such period of time as may be prescribed
<br />in the resolution;
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana:
<br />SECTION I. That the City Controller of the City of South Bend, Indiana, be and
<br />hereby is authorized to transfer an aggregate amount not to exceed $4,500,000.00 from
<br />various to various other funds as it becomes necessary; this aggregate amount to be
<br />distributed so as not to exceed at any one time the maximum amounts as set forth below.
<br />Any such transfers so made must be repaid by December 31, 1975:
<br />FROM: Maximum
<br />Cumulative Building and Sinking Fund .................. $2,000,000.00
<br />Local Roads and Streets Fund .... 750,000.00
<br />Federal Assistance Grant Fund ......................... 1,750,000.00
<br />$4,500,000.00
<br />TO: Maximum
<br />Corporation General Fund ..............................
<br />2,650,000.00
<br />Park Maintenance Fund .. ...............................
<br />400,000.00
<br />Police Pension Fund .... ...............................
<br />250,000.00
<br />Fire Pension Fund ... ...............................
<br />250,000.00
<br />Human Rights Commission Fund
<br />..........................
<br />25,000.00
<br />General Sinking Bond Fund .............................
<br />450,000.00
<br />Redevelopment Bond Fund ...............................
<br />450,000.00
<br />Hospital Fund ..... .... ...............................
<br />15,000.00
<br />Art Association Fund ... ...............................
<br />10,000.00
<br />$4,500,000.00
<br />All such transfers to be.made from funds on hand or to be received during
<br />the calendar year 1975.
<br />SECTION II. Such transfer shall be made for a period not to extend beyond
<br />December 31, 1975, and such funds so transferred shall be returned and repaid to
<br />the original fund from which it was transferred.
<br />SECTION III. This resolution shall be in full force and effect from and
<br />after its adoption by the Common Council, and its approval by the Mayor.
<br />s/ Roger 0. Parent
<br />Member of the Common Council
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