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HomeMy WebLinkAboutCC-12-07-20-02 Council Transfer to Non-Reverting Sidewalk Program FundSPONSORS: Councilors Finkam, Aasen and Rider This Resolution was prepared by Jon Oberlander, Carmel Assistant Corporation Counsel, on November 12, 2020 at 4:41 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. RESOLUTION CC 12-07-20-02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS BETWEEN THE 2020 COMMON COUNCIL BUDGET AND THE NON-REVERTING SIDEWALK PROGRAM FUND (FUND #925) Synopsis: Transfers $50,000 from line item 4358700 – Hamilton County Economic Development Fee within the 2020 Common Council budget into the Non-Reverting Sidewalk Program Fund (Fund #925) in order to fund the Carmel Sidewalk Program in 2021. WHEREAS, the sum of Fifty Thousand Dollars ($50,000.00) is needed to fund the Carmel Sidewalk Program in 2021; and WHEREAS, the 2020 Common Council Budget has excess funds in the amount of Fifty Thousand Dollars ($50,000.00) in the following line item: Common Council (#1401): Line Item 4358700 – Hamilton County Economic Development Fee $50,000.00 NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Controller is authorized to transfer funds between the 2020 Common Council Budget and the Non-Reverting Sidewalk Program Fund (Fund #925) as follows: Common Council (#1401): Line Item 4358700 – Hamilton County Economic Development Fee $50,000.00 INTO Non-Reverting Sidewalk Program Fund (Fund #925) - $50,000.00 CC 12-07-20-02 Page One of Two Pages DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 SPONSORS: Councilors Finkam, Aasen and Rider This Resolution was prepared by Jon Oberlander, Carmel Assistant Corporation Counsel, on November 12, 2020 at 4:41 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. PASSED by the Common Council of the City of Carmel, Indiana this _____ day of _________________ 2020, by a vote of _________ ayes and ________ nays. COMMON COUNCIL FOR THE CITY OF CARMEL ___________________________________ ______________________________ Laura Campbell, President Sue Finkam, Vice President ___________________________________ _____________________________ H. Bruce Kimball Kevin D. Rider ___________________________________ ______________________________ Anthony Green Jeff Worrell ___________________________________ _____________________________ Timothy J. Hannon Miles Nelson ______________________________ Adam Aasen ATTEST: __________________________________ Sue Wolfgang, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of _________________________ 2020, at _______ __. M. ____________________________________ Sue Wolfgang, Clerk Approved by me, the Mayor of the City of Carmel, Indiana, this _____ day of ________________________ 2020, at _______ __. M. ____________________________________ James Brainard, Mayor ATTEST: ___________________________________ Sue Wolfgang, Clerk CC 12-07-20-02 Page Two of Two Pages DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 5:30 December 9 6:30 8th P December P 8th 0 7th December