HomeMy WebLinkAboutD-2750-24 Appropriating Funds for Health Insurance Medical Escrow SPONSOR(S): Councilor Green
This Ordinance was prepared by Sergey Grechukhin, Transactions Chief, on 11/19/2024 at 2:00 p.m. No subsequent revision to this
Ordinance has been reviewed by Mr. Grechukhin for legal sufficiency or otherwise.
ORDINANCE NO. D-2750-24
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
AUTHORIZING AND APPROVING AN ADDITIONAL APPROPRIATION OF FUNDS
FROM THE HEALTH INSURANCE MEDICAL ESCROW FUND (FUND#301) TO LINE
ITEM 5023990 - OTHER EXPENSES
Synopsis: This ordinance appropriates funds to cover unfunded costs paid for by the Health
Insurance Medical Escrow Fund.
WHEREAS, funds in the amount of One Million Dollars ($1,000,000.00) are needed to cover
unfunded costs paid for by the Health Insurance Medical Escrow Fund; and
WHEREAS, upon previously approved Common Council Resolution CC 12-16-24-02, the
Health Insurance Medical Escrow Fund (Fund #301) has excess funds in the amount of at least One
Million Dollars ($1,000,000.00) to appropriate to Line Item 5023990 – Other Expenses.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana,
that the following sum of money is hereby appropriated from the Health Insurance Medical Escrow
Fund (Fund #301) for the purposes specified herein, subject to applicable laws, as follows:
$1,000,000.00 from the Health Insurance Medical Escrow Fund (Fund #301)
To
Health Insurance Medical Escrow Fund (Fund #301): Line Item 5023990 – Other Expenses -
$1,000,000.00
This Ordinance shall be in full force and effect from and after the date of its passage and
signing by the Mayor.
Ordinance D-2750-24
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Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08
SPONSOR(S): Councilor Green
This Ordinance was prepared by Sergey Grechukhin, Transactions Chief, on 11/19/2024 at 2:00 p.m. No subsequent revision to this
Ordinance has been reviewed by Mr. Grechukhin for legal sufficiency or otherwise.
PASSED, 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
Ordinance D-2750-24
Page Two of Two
Docusign Envelope ID: 337E1795-1D91-4960-99FA-D408E1DFED08
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