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HomeMy WebLinkAboutCC-12-16-24-04 Transfer from General Fund to Fire Pension FundSPONSOR: Councilor Green This Resolution was prepared by Samantha Karn, Corporation Counsel, on December 4, 2024 at 9:00 a.m.. No subsequent revision to this Resolution has been reviewed by Ms. Karn for legal sufficiency or otherwise. RESOLUTION NO. CC 12-16-24-04 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A TRANSFER OF FUNDS BETWEEN THE GENERAL FUND (#101) AND THE FIRE PENSION FUND (#802) Synopsis: Transfers $25,000.00 from the General Fund (#101) into the Fire Pension Fund (#802). WHEREAS, the sum of Twenty Five Thousand Dollars ($25,000.00) is needed to cover a revenue shortfall within the Fire Pension Fund (#802); and, WHEREAS, the 2024 General Fund (#101) has excess funds in the amount of Twenty Five Thousand Dollars ($25,000.00). NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Controller is authorized to transfer funds from the General Fund into the Fire Pension Fund as follows: $25,000.00 from GENERAL FUND (FUND #101) To FIRE PENSION FUND (#802): $25,000.00 Resolution CC 12-16-24-04 Page One of Two Pages Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08 SPONSOR: Councilor Green This Resolution was prepared by Samantha Karn, Corporation Counsel, on December 4, 2024 at 9:00 a.m.. No subsequent revision to this Resolution has been reviewed by Ms. Karn 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 Matthew 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 12-16-24-04 Page Two of Two Pages Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08 A 11:15 0December December 9 17th 11:00 16th December 17th A