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HomeMy WebLinkAboutD-2583-21 Additional Appropriation Additional Street Repaving; MvHF (#201) SPONSORS: Councilors Aasen, Green and Nelson This Ordinance was prepared by Jon A. Oberlander, Assistant Corporation Counsel, on 5/4/2020 at 11:31 p.m. No subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. ORDINANCE NO. D-2583-21 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, AUTHORIZING AND APPROVING AN APPROPRIATION OF FUNDS FROM THE OPERATING BALANCE OF THE MOTOR VEHICLE HIGHWAY FUND (FUND #201) Synopsis: Appropriates funds received from the INDOT Community Crossing Grant for additional street repaving. WHEREAS, the City of Carmel Common Council has authorized the transfer of the $1,000,000.00 received from the INDOT Community Crossing Grant from the Grant Fund into the operating balance of the Motor Vehicle Highway Fund (Fund #201) in order to use the funds for additional street repaving; and WHEREAS, in order to expend the funds transferred from the Grant Fund for additional repaving, they must be appropriated into the appropriate budget line item within the 2021 Motor Vehicle Highway Fund Budget; and WHEREAS, the operating balance of the Motor Vehicle Highway Fund (Fund #201) currently has excess funds in the amount of One Million Dollars ($1,000,000.00); and WHEREAS, it is in the public interest to now appropriate such funds accordingly. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, that the following sum of money is hereby appropriated from the Motor Vehicle Highway Fund (Fund #201) Operating Balance and for the purposes specified, subject to applicable laws, as follows: $1,000,000.00 from the Motor Vehicle Highway Fund (#201) Operating Balance To Motor Vehicle Highway Fund (#2201): Line Item 4350200 – Street Repaving - $1,000,000.00 This Ordinance shall be in full force and effect from and after the date of its passage, execution by the Mayor. Ordinance D-2583-21 Page One of Two DocuSign Envelope ID: 5720F431-AB73-499B-A868-043DF1652D63 SPONSORS: Councilors Aasen, Green and Nelson This Ordinance was prepared by Jon A. Oberlander, Assistant Corporation Counsel, on 5/4/2020 at 11:31 p.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 ________, 2021, by a vote of _____ ayes and _____ nays. COMMON COUNCIL FOR THE CITY OF CARMEL ___________________________________ Sue Finkam, President Kevin D. Rider, Vice-President ___________________________________ ____________________________________ Laura Campbell H. Bruce Kimball ___________________________________ ____________________________________ Jeff Worrell Anthony Green ___________________________________ ___________________________________ Adam Aasen Tim Hannon ___________________________________ Miles Nelson ATTEST: __________________________________ Sue Wolfgang, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of _________________________ 2021, at _______ __.M. ____________________________________ Sue Wolfgang, Clerk Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of ________________________ 2021, at _______ __.M. ____________________________________ James Brainard, Mayor ATTEST: ___________________________________ Sue Wolfgang, Clerk Ordinance D-2583-21 Page Two of Two DocuSign Envelope ID: 5720F431-AB73-499B-A868-043DF1652D63 19th A10:30 Not Present 9:00 17th 8 May May May 0 A 19th