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HomeMy WebLinkAboutCC-10-16-89-01 Trnsf Fnd/Util RESOLUTION NO. 89-10-16-1 RESOLUTION APPROVING THE TRANSFER OR ADDITIONAL APPROPRIATIONS OF THE CARMEL UTILITIES TO THE CARMEL GENERAL FUND WHEREAS, the Common Council of the City of Carmel, Indiana, has enacted Ordinance S-50 which provides for a budget and expenditures for the City Utilities; and WHEREAS, the Utilities are to pay the City in lieu of taxes, the sum of One Hundred Twenty Five Thousand Dollars ($125,000.00) per year; and WHEREAS, the Utility has omitted payment of same for the years 1988 and 1989, and the Carmel Board of Public Works and Safety has approved the claims of the City for said Utility for the years 1988 and 19~. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the payment of funds by the Carmel Utilities in lieu of taxes as provided by the claim of the City and approved by the Carmel Board of Public Works and Safety, is, in all respects, approved. ALL OF WHICH IS RESOLVED THIS / ~ DAY OF OCTOBER, 1989. ATTESTATION: ~ffsan W. Jones Clerk-Treasurer COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA~ .~ ~EE LONZO, Pr~ident