HomeMy WebLinkAboutCC-07-21-14-02 TOF $324,600 from BPW COIT Bond to BPW Street Paving SPONSOR(s): Councilor(s)
Seidensticker and Snyder
RESOLUTION CC-07-21-14-02
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIANA,AUTHORIZING A TRANSFER OF FUND BY THE CITY OF CARMEL
BOARD OF PUBLIC WORKS
WHEREAS, the sum of Three Hundred Twenty Four Thousand Six Hundred Dollars
($324,600) is needed to pay for additional street paving; and,
WHEREAS, the Board of Works Budget has excess funds in the amount of$324,600
available in line items 4354013 2014A COIT Bond Payment and line item 4354014 2014B COIT
Bond Payment line items to fully cover these costs.
NOW, THEREFORE,BE IT RESOLVED by the Common Council of the City of
Carmel that the Clerk-Treasurer be authorized to transfer an amount of$324,600 as follows:
$154,750 from
BPW budget line item 4354013 2014A COIT Bond and
$169,850 from
BPW budget line item 4354014 2014B COIT Bond
Into
BPW Budget line item 4350200 Street Paving
PASSED by the Common Council of the City of Carmel, Indiana, this ad day of
, 2014,by a vote of -7 ayes and 6 nays.
COMMON COUNCIL FOR THE CITY IF CARMELA'
Pre ' ing Officer .vin D. Rider
W. Eric Sei ensticker, Prent Pro Tempore Carol Schleif
R ald E. Carter Rich. L. Sharp
,rte'
` - I inka v Luc' :nyder
ATTEST
"71
Diana L. Cordray, IAMC, Clerk- asurer
9:34j d'C-
Presene by me to the ayor of the City of Carmel, Indiana, at d?f" o'clock A .m.
on the as day of c ( 2014.
1);_i_uoc).
Diana L. Cordray, IAMC, Clerk-V easurer
Approved by me, Mayor of the City of Carmel, Indiana, at/0.'00 o'clock ,Q .m. this
`I day of Cb),..4 2014.
J.( es Brainard, ayor
ATTEST:
n
Diana L. Cordray, IAMC, Clerk-' .easurer
Prepared by: Diana L.Cordray
Clerk-Treasurer
City of Carmel
II