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HomeMy WebLinkAboutD-2424-18 Appropriates Funds Received From the Carmel Center Green Ice Skating RinkSPONSORS: Councilor Kimball ORDINANCE NO. D-2424-18 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 NON -REVERTING CENTER GREEN ICE RINK FUND (FUND #922) Synopsis: Appropriates funds received from the Carmel Center Green ice skating rink during the 2017-2018 season so that they can be used to pay ice rink operating expenses. WHEREAS, the revenue from the Center Green ice skating rink for the 2017-2018 season totaled Two Hundred Sixteen Thousand Seven Hundred Eighty Nine Dollars and Seventy Eight Cents ($216,789.78), all of which was deposited into the operating balance of the Non -Reverting Center Green Ice Rink Fund (Fund #922); and WHEREAS, funds in the amount of Two Hundred Eleven Thousand Four Hundred Eighty One Dollars ($211,481.00) are needed to pay operational expenses for the 2018-2019 season of the Center Green ice skating rink; and WHEREAS, the Non -Reverting Center Green Ice Rink Fund (Fund #922) has excess funds in the amount of at least Two Hundred Eleven Thousand Four Hundred Eighty One Dollars ($211,481.00) in its operating balance to appropriate to Line Item 435-0900 Other Contracted Services. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, that the following sum of money is hereby appropriated from the Non -Reverting Center Green Ice Rink Fund (Fund #922) Operating Balance and for the purposes specified, subject to applicable laws, as follows: $211,481.00 from the NON -REVERTING CENTER GREEN ICE RINK FUND Operating Balance To Non -Reverting Center Green Ice Rink Fund (#922): Line Item 435-0900 Other Contracted Services - $211,481.00 This Ordinance shall be in full force and effect from and after the date of its passage, execution by the Mayor. Ordinance D-2424-18 Page One of Two This Ordinance was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 11/17/17 at 4:52 p.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\ORDINANCES\2018\D-2424-18 Appropriation for Skating Rink Fund clean.doc SPONSORS: Councilor Kimball PASSED by the Common Council of the City of Carmel, Indiana this ZLg� day of Q 2018, by a vote of '77— ayes and ?— nays. COMMO C FOR THE Kevin D. Rider, President J rr 1, Vice-Presid t Laura D. Campbell onald E–Carter A L 4,-4.4 4 H. Bruce Kimball hristine S. PauleyXIerk-Treasuref / lidPresented by me to the Mayor of the City of Carmel, ana this2� day of �1 2018, at/1: to Christi e S Pauley, Clerk/feasurer /d Approved by me, Mayor of the City of Carmel, Indiana, this 2 Z day of 2018, at ! 'T P M. Jame amard, Mayor ATTES . Christ' e S. Pauley, Cle -Treasurer Ordinance D-2424-18 Page Two of Two This Ordinance was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 11/17/17 at 4:52 p.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\ORDINANCES\2018\D-2424-18 Appropriation for Skating Rink Fund clean.doc