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HomeMy WebLinkAboutD-2173-14 Additional Appropriation $220,000 from the RDF for Drainage/Johnson Addition SPONSOR(S): Councilor Seidensticker, Councilor Sharp Councilor Snyder Councilor Rider ORDINANCE D-2173-14 AS AMENDED AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL,INDIANA,AUTHORIZING AND APPROVING AN ADDITIONAL APPROPRIATION OF FUNDS FROM THE OPERATING BALANCE OF THE RAINY DAY FUND WHEREAS, monies are needed to fund drainage repairs on and about certain portions of Emerson Road that are located;in the City's Johnson Addition subdivision in order to prevent or minimize the flooding of that roadway during heavy rain events; and WHEREAS, the City of Carmel Rainy Day Fund (Fund 912)(hereinafter the "Rainy Day Fund") has excess funds in the amount of at least Two Hundred Twenty Thousand Dollars ($220,000.00) in its operating balance available to appropriate to Line Item #623000: Drainage Improvements/Johnson Addition; WHEREAS, it is in the public interest to now appropriate such funds accordingly. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel Indiana, that, subject to all applicable laws, the following additional sum of money be and the same is hereby appropriated out of the Rainy Day Fund operating balance for the purpose specified below: $220,000.00 FROM THE RAINY DAY FUND OPERATING BALANCE TO LINE ITEM#623000: DRAINAGE IMPROVEMENTS/JOHNSON ADDITION and, BE IT FURTHER ORDAINED that all monies so appropriated from the Rainy Day Fund that are not expended on drainage repairs on and about Emerson Road in the City's Johnson Addition subdivision shall be promptly returned to the Rainy Day Fund. BE IT FURTHER ORDAINED that funds removed from the Rainy Day Fund for the drainage project on and about Emerson Road shall be refunded by the Stormwater Utility as funds become reasonably available. Version A—7/17/2014;Finance,Administration and Ruled Committee This Ordinance was prepared by Douglas C.Haney,Carmel City Attorney,on 7/9/2014 at 6:48 p.m.No subsequent revision to this Ordinance has been reviewed by Mr.Haney for legal sufficiency or otherwise. , SPONSOR(S): Councilor Seidensticker, Councilor Sharp Councilor Snyder S Councilor Rider PASSED by the Common Council of the City of Carmel, Indiana, this cil day o , 2014,by a vote of 7 ayes and a nays. CMON LTRC dip Presidi Officer Kevin D. Rider ia F---dii-JA _ ►' IA. W. Eric i I sticker, President Pro Tempore Carol Sc -'► iM'-',- '. " / / / onald E. Carter Richar. ' . Sharp ilr Al 1 A _. /�iC- S p am / uci- yder C ATTES Diana L. Cordray, IAMC, Clerk-Tre, ' A er na Presented by me to the Mayor of the City of Carmel, Indiana this a o'�l day of ' fj,,, i_, 2014, at it 3 q A.M. 44.2frtfc) / .,,,,/ do K, Diana L. Cordray, IAMC, Clerk-Treas er Approved by me, the Mayor of the City of Carmel, Indiana,this 09(7 day of 2014, at I OU _A__.M. iJ es Brainard, Mayor ft. /0110 ATTEST: /a.,,,,vukj X % / ge Diana L. Cordray, IAMC, Clerk-Trea7rer This Ordinance was prepared by Douglas C.Haney, Carmel City Attorney,on 7/9/2014 at 6:48 p.m.No subsequent revision to this Ordinance has been reviewed by Mr.Haney for legal sufficiency or otherwise.