Loading...
HomeMy WebLinkAboutD-281 Add Approp/StreetORDINANCE NO. An Ordinance of the City of Carmel appropriating the sum of One Million Five Hundred Thousand Dollars ($1,500~000) to be applied on the cost of improving Rangeline Road from and at its intersection with ll6th Street north to 4th Street south together with the acquisition of land and the construction and equipping of a fire station on said land to be acquired in the northeast section of the City of Carmel and to acquire land for the future development of a City Complex together with the incidental expenses in connection therewith and on account of the issuance of bonds therefor. WHEREAS, the Board of Public Works and Safety has requested an appropriation in the amount of One Million Five Hundred Thousand Dollars ($1,500,000) to be applied for the primary purpose of improving Range- line Road from and at its intersection with ll6th Street north to 4th Street south with all remaining funds to be dedicated to the acquisi- tion of land and the construction and equipping of a fire station on said land to be acquired in the northeast section of the City of Carmel and to acquire land for the future development of a City Complex together with the incidental expenses in connection therewith and on account of the issuance of bonds therefore; and WHEREAS, the Council now finds that it is necessary to provide for the above named projects as requested by the Board of Public Works and Safety; that the City has no funds available for such projects nor are such provided for in the budget, making it necessary to authorize the issuance of bonds to procure the required funds; and WHEREAS, a petition has been filed by owners of taxable real estate in the City requesting the Common Council to authorize the issuance of bonds of the City for the purpose of procuring funds to be applied on the cost of improving Rangeline Road from and at its intersection with ll6th Street north to 4th Street south together with the acquisition of land and the construction and equipping of a fire station on said land to be acquired in the northeast section of the City of Carmel and to acquire land for the future development of a City Complex together with the incidental expenses in connection therewith and on account of the WHE~AS, the Council now finds that the City has no funds avail~le or provided for in the budget and tax levy which may be applied on said projects, and that a necessity exists for the making of the additional appropriation hereinafter set out; now therefore, BE IT ORDAINED BY THE COMMON CO~CIL OF THE CITY OF CARMEL: Section 1. That the sum on One Million Five Hundred Thousand Dollars ($1,500,Q~) be and the same is hereby appropriated out of the proceeds of the bonds designated as ',Municipal Bonds of 1980," here- tofore authorized to be issued, to be applied for the primary purpose of improving Rangeline Road from and at its intersection with ll6th Street north to 4th Street south, w~th all remaining funds to be dedi- cated to the acquisition of land the construction and equipping of a fire station on said land to be acquired in the northeast section of the City of Carmel and to acquire land for the future development of a City Complex together with the incidental expenses in connection therewith and on account of the issuance of bonds therefor Sec. 2. This ordinance shall be in full force and effect from and after its passage and signing by the Mayor. Passed and adopted by the Common Council of the City of Carmel on the /~ day of c~~ , 1980.  ~ng O~fi~er Attest: Presented by me to the Mayor of the City of Carmel on the day of ~ , 1980, at the hour of Clerk-Treasi~re~, Dorothy Hancock