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HomeMy WebLinkAboutResolution CC-11-18-19-01 Transfers $135,000 from the MVH into GF SPONSOR: Councilor Rider RESOLUTION CC 11-18-19-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,INDIANA, APPROVING A TRANSFER OF FUNDS BETWEEN THE MOTOR VEHICLE HIGHWAY FUND AND THE GENERAL FUND Synopsis: Transfers$135,000 from the Motor Vehicle Highway Fund into the General Fund to cover additional landscaping expenses incurred by the City. WHEREAS, the sum of One Hundred Thirty Five Thousand Dollars ($135,000.00) is needed to pay for additional landscaping work expenses incurred within the Street Department's General Fund Budget; and WHEREAS, the Motor Vehicle Highway Fund (#201)has excess funds in the amount of One Hundred Thirty Five Thousand Dollars ($135,000.00)to transfer into the General Fund(#101). 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 Motor Vehicle Highway Fund(#201) and the General Fund(#101) as follows: $135,000.00 from the Motor Vehicle Highway Fund Operating Balances(#201) TO General Fund (#101) - $135,000.00 • • CC 11-18-19-01 Page One of Two Pages This Resolution was prepared by Jon Oberlander,Carmel Assistant City Attorney, on October 28,2019 at 1:03 p.m.No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. SPONSOR: Counci r Rider S( RES9QLVFD, by the Common Council of the City of Carmel. Indiana, this /0 day of If OlkiMi! , 2019 by a vote of ( 0 ayes and O nays. COMMON COUNCIL FOR THE CITY OF C JOS (8°2160 Jeff Wo) -11 ',dent An ony ree ( —..)472-.4-e-ei /ci/3 4,t-UtsL_ k:,----L-12 Laura D. Campbell, Vice Pr sident H. Bruce Kimball — A)CCliqH9lece —Pill---- Ronald E. Carter Kevin D. Rider Su F am /I A ESTi ,' ; q;.,,,o-- Christine S. Paul9y,Clerk-Treasurer Presented byme Mayor of the Cit of Carmel, Indiana this a of �' fie , Y y �� Y 2019, at .M. hAstine S./Pauley, Clerk-Tre4 rer Approved by me, Mayor of the City of Carmel, Indiana this, day of Na V eA/ga R 2019, at I0°� r .M. • )1p.er_ ietemv(e‘, James Brainard,Mayor • ATT/ S / -/ //2.2 L,,e0r Chistine S. Pauley, Clerk-Treasurer CC 11-18-19-01 Page Two of Two Pages This Resolution was prepared by Jon Oberlander, Carmel Assistant City Attorney, on October 28, 2019 at 1:03 p.m.No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.