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HomeMy WebLinkAboutD-2320-16 Transfer to the Support for the Arts FundSPONSOR(S): Councilor Carter ORDINANCE NO. D-2320-16 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, AUTHORIZING AND APPROVING AN ADDITIONAL APPROPRIATON OF FUNDS FROM THE OPERATING BALANCE OF THE GENERAL FUND TO THE SUPPORT FOR THE ARTS FUND AND REPEALING CITY CODE CHAPTER 2, ARTICLE 4, SECTION 2-131 Synopsis: This Ordinance transfers a total of $900,000 from the General Fund (#101) to the Support for the Arts Fund (#504) to cover donations made by the City to the Carmel Symphony and various other arts organizations. The ordinance also repeals Carmel City Code Section 2- 131 in order to abolish the Support for the Arts Fund (#504), effective December 31, 2016. WHEREAS, the sum of Nine Hundred Thousand Dollars ($900,000.00) is needed to pay for expenses incurred by the Support for the Arts Fund, Fund #504; WHEREAS, the General Fund, Fund #101 has excess funds in the amount of Nine Hundred Thousand Dollars ($900,000.00) in the operating balance to appropriate to fully cover these expenses; WHEREAS, in order to enhance governmental efficiency and reduce the number of future additional appropriation ordinances, the Support for the Arts Fund (#504) should be eliminated and replaced with a line item in the Mayor's Office budget; and WHEREAS, it is in the best interest of the public to repeal and abolish the Support for the Arts Fund (#504) and create a Support the Arts line item in the Mayor's Office budget. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, as follows: Section 1. The foregoing Recitals are fully incorporated. herein by this reference. Section 2. The following additional sum of money is hereby appropriated out of the General Fund Operating Balance and for the purposes specified, subject to applicable laws, as follows: $900,000 from the GENERAL FUND OPERATING, Fund #101 Balance To Support for the Arts Fund, Fund #504, Line Item # 4355101 - $900,000.00 Section 3. Chapter 2, Article 4, Section 2-131 of the Carmel City Code, Support for the Arts Fund (#504), is hereby repealed in its entirety, effective December 31, 2016. Ordinance D-2320-16 Page One of Two This Ordinance was prepared by Jon Oberlander, Senior Assistant City Attorney, on 9/6/16 at 11:55 a.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. teb:rrrawor&v.losers%abemtettlapp&tallocallmicrosoftlwindowsltetr4wrary internet rdeslcontent.outboklnogllarmhladditional appropriation ordinance support for the arts fund w synopsis revised.doc:9/19/16] SPONSOR(S): Councilor Carter Section 4. A Support for. the Arts budget line item is hereby established in the Mayor's Office budget. Section 5. If any portion of this Ordinance is for any reason declared to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portions of this Ordinance so long as enforcement of same can be given the same effect. Section 6. This Ordinance shall be in full force and effect from and after its passage and signing by the Mayor. PASSED by the Common Council of the City of Carmel, Indiana, this day of 2016, by a vote of � ayes and --0— nays. COMMON COUNCIL FOR THE C OF RME Carter, President Su U ikam, Yce-President Laura D. Campbell H. Bruce Kimball ATTEST: Christine S. Paul , C k -Treasurer e nt d lbe t the Mayor of the City of Carmel, Indiana this � day of 2016, at 10 P M. Chr�stine S. Pa ey, Clerk-Trea er A proved by me, Mayor of the City of Carmel, Indiana, this of le -12 2016, at ' .M. J es Brainard, Mayor Ordinance D-2320-16 Page Two of Two This Ordinance was prepared by Jon Oberlander, Senior Assistant City Attorney, on 9/6/16 at 11:55 a.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. [eb:meword:r.Wsers\abennettlappdataNlocal\microsolt\window itempomy internet fileskontent.autlookltag0armh\additional appropriation ordinance support for the arts fund w synopsis revised.doc:9/19/161