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HomeMy WebLinkAboutD-2444-18 Appropriates Funds Trasferred from the MVH FundSPONSORS: Councilors Carter and Kimball ORDINANCE NO. D-2444-18 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 GENERAL FUND (#101) Synopsis: Appropriates funds that were transferred from the Motor Vehicle Highway Fund (Fund #201) into the General Fund to enable the Street Department to cover additional landscaping expenses. WHEREAS, the City of Carmel Common Council has authorized the transfer of $100,000 from the 2018 Budget of the Motor Vehicle Highway Fund (Fund #201) (the "MVH Fund") into the General Fund for the purpose of enabling the Street Department to pay for additional landscaping expenses; and WHEREAS, in order for the Street Department to expend the funds transferred from the MVH Fund, they must be appropriated into the appropriate budget line item within the 2018 Street Department Budget; and WHEREAS, the operating balance of the General Fund (#101) currently has excess funds in the amount of One Hundred Thousand Dollar ($100,000.00); and WHEREAS, it is in the public interest to now appropriate such funds accordingly. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, that, subject to all applicable laws, the following additional sum of money is hereby appropriated out of the operating balances of the Local Road and Street Fund for the purpose specified below: $100,000.00 from the GENERAL FUND OPERATING Balance To Street Department (#1206): Line item 43-50900 - Other Contracted Services $100,000.00 Ordinance D-2444-18 Page One of Two Pages This Ordinance was prepared by Jon A. Oberlander, Assistant City Attorney, on 10/11/18 at 1:06 p.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\ORDINANCES\2018\D-2444-18 Street Dept. MVHF Addl Appr. Ordinance redhne.doc SPONSORS: Councilors Carter and Kimball -�h PASSED by the Common Council of the City of Carmel, Indiana, this 5 day of. 2018, by a vote of ayes and (0 nays. Ki vin D. Rider, President 41el, Vice -President __ ja_,t,� _b Laura D. Campbell Ronald E. Carter ATTES Christine . Pauley, Clerk -Treasurer FOR THE CITY OF CARMEL H. Bruce Kimball p Presented by me to the Mayor of the City of Carmel,�In ' a day ofl& OA �1-�1� 2018, at : K A.M. / j S. Pauley, Cleric -Treasurer Approved by me, Mayor of the City of Carmel, Indiana, this 7�7day of iv 4 e,p 2018, at/ 6"13 A M. 4 I Jams Brainard, Mayor A Christine S. Paulq'y, Clerk - Ordinance D-2444-18 Page Two of Two Pages This Ordinance was prepared by Jon A. Oberlander, Assistant City Attorney, on 10/11/18 at 1:06 p.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\ORDINANCES\2018\D-2444-18 Street Dept. MVHF Add'1 Appr. Ordinance redline.doc