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HomeMy WebLinkAboutResolution CC 08-06-18-01 Transfers $60,743.24 From Mohawk Landing Line Item to Other Equipment Line ItemSPONSOR: Jeff Worrell RESOLUTION CC 08-06-18-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS BETWEEN THE 2018 BUILDING OPERATIONS BUDGET (1208) AND THE GENERAL ADMINISTRATION BUDGET (1205) Synopsis: Transfers $60,743.24 from Line Item 4358901— Other Exp. Mohawk Landing within the 2018 Building Operations Budget into Line Item 4467099 —Other Equipment within the 2018 General Administration Budget. WHEREAS, the sum of Sixty Thousand Seven Hundred Forty Three Dollars and Twenty Four Cents ($60,743.24) is needed to make lease payments for the upgrades to the council chambers and common areas, as well as other building improvements within City Hall; and WHEREAS, the Building Operations 2018 Budget has excess funds in the amount of Sixty Thousand Seven Hundred Forty Three Dollars and Twenty Four Cents ($60,743.24) in the following Line Item: Building Operations Budget Line Item 4538901— Other Exp. — Mohawk Landing WHEREAS, the Mohawk Landing property was transferred from the City of Carmel to the Carmel Redevelopment Commission by Resolution CC 06-18-18-01 on June 18`x, 2018; therefore the funds appropriated to maintain that property are no longer required for that purpose. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Clerk -Treasurer is authorized to transfer funds between the Building Operations 2018 Budget and the General Administration 2018 Budget as follows: FROM Building Operations (1205): Line Item 435-8901—Other Exp. Mohawk Landing $60,743.24 General Administration (1208): Line Item 446-7099 — Other Equipment $60,743.24 CC 08-06-18-01 Page One of Two Pages This Resolution was prepared by Jon Oberlander, Assistant City Attorney, on July 25, 2018 at 10:03 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. SPONSOR: Jeff Worrell U=2 SOLVED, by the Common Council the City of Carmel, Indiana, this � day of �018, by a vote of -b—ayes and nays. FOR THE CITY OF CARMEL D. Rider, President OM- 0(f P✓� Jeff Worrell, Vice -President Laura D. Campbell Presented by;" to the Mayor of the Coy Ace -111 2018, at _Wzz4A_fi_ Su F' am A III Is ami Q H. Bruce Kimball '11141 App,roved by me, Mayor of the Cit Carmel, Indiana, this qday of 2018, at _a4. J es Brainard, Mayor ATTEST•/ , Clerk - Resolution CC 08-06-18-01 Page Two of Two Pages This Resolution was prepared by Jon Oberlander, Assistant City Attorney, on July 25, 2018 at 10:03 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.