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HomeMy WebLinkAboutCC-12-07-20-03 2020 GF to Parks and Rec Non-Rev Capital Fund Transfer ResolutionSPONSOR: Councilor Finkam This Resolution was prepared by Jon Oberlander, Carmel Assistant City Attorney, on November 19, 2020 at 11:33 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. RESOLUTION CC 12-07-20-03 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS BETWEEN THE GENERAL FUND AND THE PARKS AND RECREATION NON-REVERTING CAPITAL FUND (#103) Synopsis: Transfers $525,000 from the General Fund into the Parks and Recreation Non- Reverting Capital Fund in order to effectuate an appropriation made in the 2020 Parks and Recreation Non-Reverting Capital Fund (#103) budget. WHEREAS, the sum of Five Hundred Twenty Five Thousand Dollars ($525,000.00) is needed to effectuate an appropriation made by the Council in the 2020 Parks and Recreation Non-Reverting Capital Fund (#103) budget; and WHEREAS, the General Fund (#101) has excess funds in the amount of Five Hundred Twenty Five Thousand Dollars ($525,000.00) to transfer into the Parks and Recreation Non-Reverting Capital Fund (#103). 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 General Fund (#101) and the Parks and Recreation Non-Reverting Capital Fund (#103) as follows: $525,000.00 from the General Fund Operating Balances (#101) TO Parks and Recreation Non-Reverting Capital Fund (#103) - $525,000.00 CC 12-07-20-03 Page One of Two Pages DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 SPONSOR: Councilor Finkam This Resolution was prepared by Jon Oberlander, Carmel Assistant City Attorney, on November 19, 2020 at 11:33 a.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 12-07-20-03 Page Two of Two Pages DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 December 0 December 6:30 P 5:30 P 8th 7th 8th 9 December