HomeMy WebLinkAboutResolution CC-11-18-19-02 Transfer Within the MVH Fund SPONSOR: Councilor Rider
RESOLUTION CC 11-18-19-02
A RESOLUTION OF THE COMMON COUNCIL}OF THE CITY OF CARMEL,
INDIANA,APPROVING A TRANSFER OF FUNDS WITHIN THE 2019 MOTOR
VEHICLE HIGHWAY FUND STREET DEPARTMENT BUDGET
Synopsis: Transfers $530,000 from various line items into the Other Contracted Services
Line Item within the 2019 Motor Vehicle Highway Fund Street Department Budget.
WHEREAS,the sum of Five Hundred Thirty Thousand Dollars ($530,000.00) is needed
to pay for expenses incurred within the Other Contracted Services Line Item in the 2019 Motor
Vehicle Highway Fund("MVHF") Street Department Budget; and
WHEREAS,the 2019 MVHF Street Department Budget has excess funds in the amount
of Five Hundred Thirty Thousand Dollars ($530,000.00) in the following line items:
Street Department(#2201): Line Item 43-650.01 —Cars and Trucks $470,000.00
Street Department(#2201): Line Item 43-530.99—Other Rentals and Leases $60,000.00
NOW,THEREFORE,BE IT RESOLVED by the Common Council of the City of
Carmel, Indiana, that the Clerk-Treasurer is authorized to transfer funds within the 2019 MVHF
Street Department Budget as follows:
MVHF Street Department(#2201): Line Item 43-650.01 —Cars and Trucks $470,000.00
MVHF Street Department(#2201): Line Item 43-530.99-Other Rentals and Leases
$60,000.00
INTO
Street Department(#2201): Line Item 43-509.00—Other Contracted Services
$530,000.00
Resolution CC 11-18-19-02
Page One of Two Pages
This Resolution was prepared by Jon Oberlander,Assistant Corporation Counsel,on October 28,2019 at
2:42 p.m.No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal
sufficiency or otherwise.
SPONSOR: Councilor Rider
4e1(
of O RESOLVED, by the Com Council of the City of Carmel. Indiana, this C
day •
f 019 by a vote ofmon ayes and nays.
COMMON C CIL FOR THE CITY OF CARMEL
Jeff e , resident Anthony en
C-4WSL)
Laura D. Campbell, Vice Pr sident H. Bruce Kimball
R nald E. Carter Kevin D. Rider
I, Qi 4
S 'nka
Kristine S. Pau*, Clerk-Treasure
Presented by me to the Mayor of the ity of Carmel, Indiana thiL 1 day of
, 2019, at O
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Christme S. Pauleyr;;Clerk-Treasurer
Ay roved by me, Mayor of the City of'Carmel, Indiana thiss rr day of
I�P� 2019, at ' " .M.
dL�, 4-,„„„/
mes Brainard,Mayor
Christine S. P. ley, Clerk-Treasur-
Resolution CC 11-18-19-02
Page Two of Two Pages
This Resolution was prepared by Jon Oberlander,Assistant Corporation Counsel,on October 28,2019 at
2:42 p.m.No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal
sufficiency or otherwise.