The URL can be used to link to this page

Home My WebLink AboutResolution CC-04-15-19-04 Transfers from the General Fund to the MVH Fund SPONSORS: Councilors Worrell, Finkam and Kimball RESOLUTION CC 04-15-19-04 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,INDIANA, APPROVING A TRANSFER OF FUNDS BETWEEN THE GENERAL FUND AND THE MOTOR VEHICLE HIGHWAY FUND Synopsis: Transfers $1,000,000 from the General Fund into the Motor Vehicle Highway Fund to enable the City to repave more streets as part of its 2019 paving project. WHEREAS,the sum of One Million Dollars ($1,000,000.00) is needed to pay for additional street repaving as part of the City's 2019 paving project; and WHEREAS, the General Fund(#101)has excess funds in the amount of One Million Dollars ($1,000,000.00) to transfer into the Motor Vehicle Highway Fund (#201). 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 General Fund(#101) and the Motor Vehicle Highway Fund(#201) as follows: $1,000,000.00 from the General Fund Operating Balance(#101) TO Motor Vehicle Highway Fund (Fund #201) - $1,000,000.00 CC 04-15-19-04 Page One of Two Pages This Resolution was prepared by Jon Oberlander,Cannel Assistant City Attorney,on April 3, 2019 at 9:52 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. SPONSORS: Councilors Worrell, Finkam and Kimball 2/1 4 SO RESOLVED, by th ommon Council of the City of Cannel, Indiana, this/' day of Ai f` ` , 2019,by a vote of / ayes and Q nays. CO ON COUNCIL FOR THE CITY OF CARMEL A Ji _ Jeff ro 7, President An Gre Laura D. Campbell, Vice-Presi i ent H. Bru i 1 n . Carter evin D. Rider Su F' am ATTF,ST Chnisffie S. Pauley, erk-Treasurer 7'-17 /resyted by me to the Mayor of the C.y o Carmel, In 'an i 2019, at of,f 7 Chri ' S. Pauley, rk-Treasurer 0---- Approved‘,X me, Mayor of the City of CV, Indiana, this day of r 2019, at/A-37— es Brainard, Mayor A ST: Chris me S. Pauley, Jerk- reasurer Resolution CC 04-15-19-04 Page Two of Two Pages This Resolution was prepared by Jon Oberlander,Cannel Assistant City Attorney,on April 3, 2019 at 9:52 a.m. No subsequent revision to this Resolution has been reviewed by Mr.Oberlander for legal sufficiency or otherwise.