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HomeMy WebLinkAboutCC-10-20-14-02 TOF - $220,000 from the CUM CAP Sewer Fund to RDF SPONSOR Councilor Snyder RESOLUTION CC-10-20-14-02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, AUTHORIZING A TRANSFER OF FUNDS BY THE CITY OF CARMEL CITY COUNCIL TO THE RAINY DAY FUND#912 WHEREAS,the sum of Two Hundred Twenty Thousand ($220,000) is needed to replenish the Rainy Day Fund#912 for the Johnson Addition drainage study, and, WHEREAS,the Cumulative Capital Sewer Fund#206 has unused and unencumbered funds in the amount of$220,000 available to transfer to the Rainy Day Fund#912 as authorized under IC 36-1-8-5. NOW,THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel,Indiana,that the Clerk-Treasurer be authorized to transfer an amount of$220,000 from the Cumulative Capital Sewer Fund#206 to the Rainy Day Fund#912. PASSED by the Common Council of the City of Carmel,Indiana,this .2t� day of O C eb-th, ,2014, by a vote of `7 ayes and a nays. COMM N OUNCIL FOR THE CITY OF CARMEL �� A Al // .A Presiding Offi er Caro S +elf Aredirr oF W. Eric .eid sticker,Pres..ent Pro Tempore evin D. .-, •nald E. Carte Richard '�� arp 1✓� lip S e :mkam Luci-Snyder , AT1'EST: Diana L. Cordray,IAMC,Clerk Treas 'er Presented by me to the Mayor of the City of Cannel,Indiana, at q: 41 o'clock lef .m. on the c2144^ day of O eh 2014. Diana L. Cordray,IAMC, Clerk Treas . Approved by me,Mayor of the City of Carmel,Indiana, at //:so o'clock A .m.this (o day of INI 1 V a 2014. )--------- ------77/i J es Brainard,Mayor / A'1'1EST: I; �� X % ./ i Diana L. Cordray,IAMC, Clerk-Treasurer Prepared by: Diana L. Cordray Clerk-Treasurer City of Cannel