HomeMy WebLinkAboutD-1718-04 Add. Approp/Rainy Day Fund Engr - $1,500,000Sponsor: Councilor Griffiths
ORDINANCE NO. D-1718-04
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIANA PROVIDING FOR AN ADDITIONAL APPROPRIATION OF FUNDS FROM
RAINY DAY FUND AND THE MOTOR VEHICLE HIGHWAY FUND OPERATING
BALANCES
WHEREAS, an amount of $1,500,000 is needed to cover unanticipated settlement
expenses in the 2004 Engineering Department and Rainy Day Fund budgets,
WHEREAS, the City of Carmel has excess funds in the amount of One million five
hundred thousand dollars in the operating balances of the MVH and Rainy Day Funds to
appropriate to the line item(s) for the unanticipated expense(s),
NOW, THEREFORE, BE IT ORDA1NED by the Common Council of the City of
Carmel, Indiana, that the following additional sum of money is hereby appropriated out of the
MVH and Rainy Day Fund Operating Balances for the purposes specified, subject to applicable
laws, as follows:
$1,150,000 From The
RA1NY DAY FUND OPERATING BALANCE
To
Line Item #584 Refunds, Awards and Indemnity $1,150,000
And
$350,000 From The
MOTOR VEHICLE HIGHWAY FUND OPERATiNG BALANCE
To
Engineering Department, Line item//584 Refunds, Awards, and Indemnity $350,000
O4-k
PASSED by the Common Council of the City of Carmel, Indiana this ~ day of
.._..~O~1~c% 2004, by a vote of t'f ayes and O n~yys.
~ Richard I~. Sharp ~/
~TT 7Ehs~T~..riffiths V//
Diana L. Cordray, IAMC, C~easurer
Presented by me to the Mayor of the City of Carmel, Indiana thisoQI day of~3~004,
at h:,h~ I~- ~9 .M.
Diana L. Cordray, ~C,~C1 -Treasurer
Approved by me, Mayor of the City of Carmel, Indiana, this c~q ~day of,~3-~k- 2004,
at gqS' ~.M.
ATTEST:
Diana L. Cordray, ~~, rk-Treasurer
Prepared by: Diana L. Cordray
Clerk-Treasurer
CITY OF CARMEL
rainard, Mayor
D:\Files\OrdinancesX2004\D- 1718-04,doc