HomeMy WebLinkAboutCC-02-23-98-02 Add App/StreetResolution No. CC-02-23-98-
ADDITIONAL APPROPRIATION OF FUNDS BY THE CARMI~.I. STREET DEPARTMENT
WHI~-REAS, an amount of $9,350.00 is needed to cover said expenses in the 1998 Street
Department Budget line Item #500-60 Traffic Light Repairs, and
WHEREAS, the City of Carmel has excess funds in the amount of $9,350 in the operating
balance of the Motor Vehicle Highway Fund to appropriate for insurance reimbursement,
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Cannel, Indiana, the Council authorizes the following additional appropriation for the Street
Department
$ 9,350 from the operation balance of the MVH Fund to #500-60 Traffic Light Repairs
PASSED by the Common Council of the City of Cannel, Indiana this ;~r / day of
Je~,-~c~7,~ ,1998, by a vote of -5 ayes and ~ nays.
~~_COMM~ON CIL
.
Diana L. Cordmy, ~~-~Trer
FOR THE CITY OF CARMF. L
Robert Battr , Preside
Billy Walker
Presented to me by the Mayor of the City of Carme. l, Indiana, the
~ 72,~~,~ ,1998.
· .yof
Diana L. Cot , -
Approved by me, Mayor of the City of Carrnel, Indi_ana, this ~/~c day of
J ar .yor k_~
ATTEST:
DianaL.~~or~y, Clerk-Tr~~~e
City of Carreel
Street Department
211 2~ St. S. W.
Cannel, IN ~6032
Date:
January 30, 1998
To:
From:
Honorable Mayor Jim Brainard
Honorable Members of Camel City Coundl
David K!ingensmith
Re:
Appropriation in Account #500.60
Traffic Signal Maintenance
Sometime in the past, the traffic signal box at 116~ and College Avenue was
struck by a vehicle. We do not know when this happened, nor do we know who hit it, so
we are unable to turn it in to their insurance company. We therefore turned it in to
ours.
We have received a check from ITT Hartford Insurance company for the amount
of $9,350.00, which is the cost of repair to the signal box less a $500 deductible. (See
attached estimate from Midwestern Electric). It is our understanding that before we can
spend this money, it will need to be appropriated back to our Account #500.60 (See
attached "Appropriations- Insurance Claim Proceeds~).
We therefore respectfully request that this be done at the City Coundl Meeting
of February 23, 1998, so we may have Midwestern make these much-needed repairs.
Thank you.
JAN-15-1998 15:09 =ROM MIDWESTERN ELECTRIC, INC TO
MIDWESTERN ELECTRIC
L
INDIANAPO IS
3385 N. ARLINGTON AVENUE * INDIANAPOLIS. INDIANA .46218-2542
ELECTRICAL CONTRACTOR
2650 P. 02
TELEPHONE 317-545-7P-~4 T
FAX 317-545-7643
.Tangary 15~, 1998
City of Crmel
211 - -'~ 3m:~t Sou~ Wc~t
~rmfi, Indiana 460J2
ATTENTION: Da'~ I{linBeqsmil:b
Hcasc find below o~ quote to rcphcc the xra~c si6nal controller at 13 1 = ~cet & ~
Road;
Replace signal
and controller = & Ctay $13, 188.00
Thc above qu~tc shatl
-R~mov~ c~dstin~
-Furnish and install
-Furnish and ~cw
-Fumi~ and .new conflict
-Fmuish f~ new
andconl~ollcf.
and back beard.
contwllcr.
Flcasc find bclow our quotc Io r~lacc thc traffic signal contron~r at I 16th Street &
C, olle~e~ Avcnue;
The abo,~ quote shall include ~hc followin~;
-Rcmwv.: cxisthg 'P-l" cabinct and controllcL
-Fumiah and install ncw "P-1' cabinet and backboard.
·-Furnish and install new cight-~c congoHer,
-Furnish and install ncw conflict monitor and check operation.
COMMERCIAL * STREET LIGHTING * TRAFFIC SIGNALS · MAINTENANCE
AN EQUAL OPPORTUNITY EMPLOYER
/~P_PROPRIAT,!_.O..N.S .-INSURANCF C~ AIM PROCEEDS
IC 6-1.1-1 8-7 sets forth the procedure that shall be observed when appropda~ng insurance claim
proceeds to replace property, as follows:
"Notwithstanding the other provisions of this chapter [6-1.1-1 8-1 - 6-1.1-1 8-11]. the appropriating
body of a political subdivision may appropriate funds received from an insurance company if: (1)
the funds are received as a result of damage to property of the political subdivision; and (2) the
funds are appropriated for the purpose of repairing or replacing the damaged property.
However, this section applies only if the funds are in fact expanded to repair or replace the property
within the twelve (12) month pedod after they are received."
Where appropriations are made for insurance claim proceeds, this need not be advertised nor
approved by the State Board of Tax Commissioners. The amount appropriated would be added
to the current appropriation account from which the expense will be paid.
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