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HomeMy WebLinkAboutD-1482-00 Grant Fund 900 Sponsored by: ORDINANCE NO. D-1482-00 Councilor Wilson / AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, ESTABLISHING A GRANT FUND (FUND 900) AS CITY CODE SECTION 2-124.3 WHEREAS, the Clerk-Treasurer of the City of Carreel has Federal and State grant momes designated for specific programs awaiting disbursement but does not have a general grant fund established for this purpose; and WHEREAS, the Common Council of the City of Carmel, Indiana wishes to establish a fund into which Federal and State grant money can be deposited and withdrawn upon proper authorization. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, that, the Carmel City Code, Chapter 2, Article 4, is hereby amended to include the following new Code Section: Section 2-124.3 Grant Fund (Fund 900). There is established a general grant fund into which Federal and State grant monies can be deposited and withdrawn upon proper authorization. This fund shall be known as the Grant Fund (Fund 900). The Grant Fund shall be funded by and used for purposes provided by applicable law, with all monies therein being properly receipted and disbursed. 3. The Grant Fund shall be administered by the fiscal officer of the City. The fiscal officer of the City shall, in a separate line item for each separate source of grant monies, account for the receipt and disbursement of all monies received by or withdrawn from the Grant Fund, which monies may not be transferred between line items in the Grant Fund. , The fiscal officer of the City shall, on a monthly basis, certify to the Common Council and the Mayor an accounting of all grant monies deposited into the Grant Fund and all disbursements of grant monies made therefrom, identifying by separate line item such receipts and disbursements as are applicable to each separate source of grant monies. All prior ordinances or parts thereof which are inconsistent with any provision of this Ordinance are hereby repealed as of the effective date of this Ordinance. This Ordinance shall be in full force and effect upon passage, execution by the Mayor and such publication as is required by law. Page One of Two Pages PASSED by the Common Council of the City of Carmel, Indiana, this/OY~chay of ~5)cO/t9~0/'~ ,2000, by a vote of :5' ayes and 0 nays. COMMON COUNCIL FOR THE CITY OF CARAMEL ~ses~din~r~g Officer~~ Kevin Kirby 20O0. 2000. "A~r Diana L. Cordray, ~ , er Approved by me, the Mayor of the City of Carmel, Indiana, this [ (2 day of IQCTOiSFY? j~e~s Brai?J'n~nard' Mayo6r/~ Ordinance No. D-1482-00 Page Two of Two Pages