HomeMy WebLinkAboutCC-05-18-20-06 Transfers INDOT Community Crossing Grant Funds from Grant Fund into Local Road and Street FundSPONSORS: Councilor Kimball and Nelson
This Resolution was prepared by Jon Oberlander, Carmel Assistant Corporation Counsel, on May 5, 2020 at
10:22 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency
or otherwise.
RESOLUTION CC 05-18-20-06 1
2
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, 3
APPROVING A TRANSFER OF FUNDS BETWEEN THE GRANT FUND (#900) AND THE 4
LOCAL ROAD AND STREET FUND (#202) 5
6
Synopsis: Transfers the $1,000,000.00 received from the INDOT Community Crossing Grant from 7
the Grant Fund into the Local Road and Street Fund so that it can be used for additional street 8
repaving. 9
10
WHEREAS, the City recently received One Million Dollars ($1,000,000.00) from the INDOT 11
Community Crossing Grant , which was deposited into Grant Fund (#900) ; and 12
13
WHEREAS, in order to use the grant proceeds for additional street repaving, the funds must be 14
transferred from the Grant Fund into the Local Road and Street Fund (#202); and 15
16
WHEREAS, the Grant Fund (#900) has excess funds in the amount of One Million Dollars 17
($1,000,000.00) to transfer into the Local Road and Street Fund (#202). 18
19
NOW, THEREFORE, BE IT RESOLVED by the Commo n Council of the City of Carmel, 20
Indiana, that the Controller is authorized to transfer funds between the Grant Fund (#900) and the Local 21
Road and Street Fund (#202) as follows: 22
23
24
25
$1,000,000.00 from the Grant Fund (#900) 26
27
TO 28
29
Local Road and Street Fund (#202) - $1,000,000.00 30
31
32
33
34
35
36
37
38
39
40
41
42
43
CC 05-18-20-06 44
Page One of Two Pages 45
46
DocuSign Envelope ID: F4609863-DFB1-459D-B5C1-EE462E85B6D6
SPONSORS: Councilor Kimball and Nelson
This Resolution was prepared by Jon Oberlander, Carmel Assistant Corporation Counsel, on May 5, 2020 at
10:22 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency
or otherwise.
SO RESOLVED, by the Common Council of the City of Carmel. Indiana, this ____ day of 47
____________, 2020 by a vote of _____ ayes and _____ nays. 48
49
COMMON COUNCIL FOR THE CITY OF CARMEL 50
51
52
___________________________________ 53
Laura D. Campbell, President Sue Finkam, Vice-President 54
55
56
___________________________________ ____________________________________ 57
H. Bruce Kimball Kevin D. Rider 58
59
60
___________________________________ ____________________________________ 61
Anthony Green Jeff Worrell 62
63
64
___________________________________ ___________________________________ 65
Timothy J. Hannon Miles Nelson 66
67
68
___________________________________ 69
Adam Aasen 70
71
ATTEST: 72
73
__________________________________ 74
Sue Wolfgang, Clerk 75
76
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
81
Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of 82
________________________ 2020, at _______ __.M. 83
____________________________________ 84
James Brainard, Mayor 85
ATTEST: 86
87
___________________________________ 88
Sue Wolfgang, Clerk 89
90
CC 05-18-20-06 91
Page Two of Two Pages 92
DocuSign Envelope ID: F4609863-DFB1-459D-B5C1-EE462E85B6D6
18th
09May