HomeMy WebLinkAboutCC-12-04-17-02 Transfers $423,690 Within Street Dept.SPONSORS: Councilor Kimball
RESOLUTION CC 12-04-17-02
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIANA, APPROVING A TRANSFER OF FUNDS IN THE 2017 CARMEL STREET
DEPARTMENT BUDGET
Synopsis: Transfers $423,690 from the Other Rentals and Leases line item into the Street
Repaving line item within the 2017 Carmel Street Department Budget in order to cover
prior funds expended and fund additional concrete panel projects.
WHEREAS, the sum of Four Hundred Twenty Three Thousand Six Hundred Ninety
Dollars ($423,690.00) is needed to pay for previously incurred expenses as well as for additional
concrete panel projects; and
WHEREAS, the 2017 Carmel Street Department Budget has excess funds in the amount
of Four Hundred Twenty Three Thousand Six Hundred Ninety Dollars ($423,690.00) in the
following Line Item:
Street Department (2201): Line Item 43-530.99 — Other Rentals and Leases
$423,690.00
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Carmel, Indiana, that the Clerk -Treasurer is authorized to transfer funds within the 2017 Carmel
Street Department Budget as follows:
Street Department (2201) Line Item 43-530.99 — Other Rentals and Leases $423,690.00
INTO
Street Department (2201) Line Item 43-502.00 — Street Repaving $423,690.00
CC 12-06-17-02
Page One of Two Pages
This Resolution was prepared by Jon Oberlander, Carmel Senior Assistant City Attorney, on November
14, 2017 at 5:20 p.m. No subsequent revision to this Resolution has been.reviewed by Mr. Oberlander for
legal sufficiency or otherwise.
SPONSORS: Councilor Kimball
oPASSED by the Common Council of the City of Carmel, Indiana, this day of
-rC'rwl ►!2017, by a vote of _ ayes and 0 nays.
COMMON COUNCIL FOR TI'�' ^""" ^ ' "� !TT
Sue i k , Pr4
X77 C_
Devin D. Rider, Vice -President
Laura D. Campbe /
TRI,
, MOO, W/A OF
;�I---
Christine S. Padey, Clerk -Treasure
fh
Presented by me to the Mayor of the City of
nSPaufey,
his day
LCC1!q&'Y- 2017, at C
Clerk-Tre rer
f_1h
Approved by me, Mayor of the City of Carmel, Indiana, this 1a day of
Cx 11 ia-P,/- 2017, at/: 0,51 em.
Resolution CC 12-06-17-02
Page Two of Two
/Imes Brainard, Mayor
This Resolution was prepared by Jon Oberlander, Carmel Senior Assistant City Attorney, on November
14, 2017 at 5:20 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for
legal sufficiency or otherwise.