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HomeMy WebLinkAboutCC-05-20-24-01 Economic Development Transfer SPONSOR(S): Councilors Aasen and Taylor This Resolution was prepared by Benjamin Legge, on April 3, 2024, at 11:00 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Legge for legal sufficiency or otherwise. RESOLUTION CC 05-20-24-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS FROM THE MARKETING AND COMMUNITY RELATIONS DEPARTMENT FUND (FUND#1203) INTO THE ECONOMIC DEVELOPMENT FUND (FUND#1501) Synopsis: Transfers $170,000.00 in from the Marketing and Community Relations Department budget into the Economic Development Department budget. WHEREAS, the sum of One Hundred and Seventy Thousand Dollars (170,000.00) is needed to pay for expenses in various line items within the 2024 Economic Development Department budget; and WHEREAS, the 2024 Marketing and Community Relations Department budget has excess funds in the amount of One Hundred and Seventy Thousand Seventy Dollars (170,000.00) for economic development. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Controller is authorized to transfer funds from the Marketing and Community Relations Department budget (#1203) and into the Economic Development budget (#1501) as follows: Marketing and Community Relations (1203) Line Item 4359300 – Economic Development $170,000.00 To Economic Development (1501) Line Item 4110000 – Full Time Regular $144,000.00 Economic Development (1501) Line Item 4111000 – Part Time $5,000.00 Economic Development (1501) 4123002 – Civilian PERF $21,000.00 Resolution CC 05-20-24-01 Page One of Two DocuSign Envelope ID: 8904841F-B937-4010-9451-00B0D52B7503 SPONSOR(S): Councilors Aasen and Taylor This Resolution was prepared by Benjamin Legge, on April 3, 2024, at 11:00 a.m. No subsequent revision to this Resolution has been reviewed by Mr. Legge for legal sufficiency or otherwise. SO RESOLVED, by the Common Council of the City of Carmel, Indiana, this day of ______ , 2024, by a vote of _____ ayes and _____ nays. COMMON COUNCIL FOR THE CITY OF CARMEL Anthony Green, President Adam Aasen, Vice-President Jeff Worrell Matt Snyder ______________________________ Rich Taylor Teresa Ayers Anita Joshi Ryan Locke ______________________________ Shannon Minnaar ATTEST: ______________________________ Jacob Quinn, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this day of ___ , 2024, at .M. Jacob Quinn, Clerk Approved by me, Mayor of the City of Carmel, Indiana, this day of , 2024, at .M. Sue Finkam, Mayor ATTEST: Jacob Quinn, Clerk Resolution CC 05-20-24-01 Page Two of Two DocuSign Envelope ID: 8904841F-B937-4010-9451-00B0D52B7503 11:30 9 May 0 21st A11:15 May 20th May21st A