HomeMy WebLinkAboutD-2524-20_Appropriation_of_Funds_Additional_Street_Paving SPONSORS: Councilors Kimball and
Nelson
This Ordinance was prepared by Jon A. Oberlander, Assistant Corporation Counsel, on 5/5/2020 at 11:03 a.m. No subsequent revision
to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.
ORDINANCE NO. D-2524-20 1
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AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, 3
AUTHORIZING AND APPROVING AN APPROPRIATION OF FUNDS FROM THE 4
OPERATING BALANCE OF THE LOCAL ROAD AND STREET FUND (FUND #202) 5
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Synopsis: Appropriates funds received from the INDOT Community Crossing Grant for 7
additional street repaving. 8
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WHEREAS, the City of Carmel Common Council has authorized the transfer of the $1,000,000 10
received from the INDOT Community Crossing Grant from the Grant Fund into the operating balance 11
of the Local Road and Street Fund (Fund #202) (the “LRS Fund”) for the purpose of enabling more 12
streets t o be repaved as part of the 2020 paving project; and 13
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WHEREAS, in order to expend the funds transferred from the Grant Fund for additional 15
repaving, they must be appropriated into the appropriate budget line item within the 2020 Local Road 16
and Street Fund Budget; and 17
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WHEREAS, the operating balance of the Local Road and Street Fund (Fund #202) currently 19
has excess funds in the amount of One Million Dollars ($1,000,000.00); and 20
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WHEREAS, it is in the public interest to now appropriate such funds accordingly. 22
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NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, 24
that the following sum of money is hereby appropriated from the Local Road and Street Fund (Fund 25
#202) Operating Balance and for the purposes specified, subject to applicable laws, as follows: 26
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$1,000,000.00 from the LOCAL ROAD AND STREET FUND OPERATING Balances 28
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To 30
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Local Road and Street Fund (#202): Line item 43-502.00 – Street Repaving $1,000,000.00 32
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This Ordinance shall be in full force and effect from and after the date of its passage, execution 35
by the Mayor. 36
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Ordinance D-2524-20 43
Page One of Two 44
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DocuSign Envelope ID: F4609863-DFB1-459D-B5C1-EE462E85B6D6
SPONSORS: Councilors Kimball and
Nelson
This Ordinance was prepared by Jon A. Oberlander, Assistant Corporation Counsel, on 5/5/2020 at 11:03 a.m. No subsequent revision
to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.
PASSED by the Common Council of the City of Carmel, Indiana this _____ day of 47
_________________ 2020, by a vote of _________ ayes and ________ nays. 48
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COMMON COUNCIL FOR THE CITY OF CARMEL 50
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Laura D. Campbell, President Sue Finkam, Vice-President 54
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___________________________________ ____________________________________ 57
H. Bruce Kimball Kevin D. Rider 58
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___________________________________ ____________________________________ 61
Anthony Green Jeff Worrell 62
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___________________________________ ___________________________________ 65
Timothy J. Hannon Miles Nelson 66
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___________________________________ 69
Adam Aasen 70
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ATTEST: 72
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__________________________________ 74
Sue Wolfgang, Clerk 75
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Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of 77
_________________________ 2020, at _______ __.M. 78
____________________________________ 79
Sue Wolfgang, Clerk 80
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Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of 82
________________________ 2020, at _______ __.M. 83
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James Brainard, Mayor 85
ATTEST: 86
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___________________________________ 88
Sue Wolfgang, Clerk 89
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Ordinance D-2524-20 91
Page Two of Two 92
DocuSign Envelope ID: F4609863-DFB1-459D-B5C1-EE462E85B6D6
09
18th
May