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HomeMy WebLinkAboutCC-02-03-25-06 Parks Grant Fund to Parks Non Reverting Capital FundSponsor(s): Councilor Snyder, Councilor Taylor This Resolution was prepared by Samantha S. Karn, Corporation Counsel, on January 23, 2025 at 12:00 p.m. It may have been subsequently revised. No subsequent revision to this Resolution has been reviewed by Ms. Karn for legal sufficiency or otherwise. RESOLUTION CC-02-03-25-06 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA APPROVING A TRANSFER OF FUNDS BETWEEN THE GRANT FUND (#900) AND THE PARKS AND RECREATION NON-REVERTING CAPITAL FUND (#103) Synopsis: Transfers $1,249,700 from the Grant Fund (#900) into the Parks and Recreation Non-Reverting Capital Fund (#103) WHEREAS, the sum of One Million Two Hundred Forty-Nine Thousand Seven Hundred Dollars ($1,249,700) is needed to cover White River Greenway North Extension Project expenses within the Parks and Recreation Non-Reverting Capital Fund (#103); and, WHEREAS, the Grant Fund (#900) has excess Parks READI Grant funds in the amount of One Million Two Hundred Forty-Nine Thousand Seven Hundred Dollars ($249,700) and Hamilton County Grant funds in the amount of One Million Dollars ($1,000,000.00). 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 Grant Fund into the Parks and Recreation Non-Reverting Capital Fund as follows: $1,249,700 from GRANT FUND (FUND #900) To Parks and Recreation Non-Reverting Capital Fund (#103): $1,249,700 Resolution CC-02-03-25-06 Page One of Two Docusign Envelope ID: E417DCFC-BFC2-409B-B78F-43DE523333D4 Sponsor(s): Councilor Snyder, Councilor Taylor This Resolution was prepared by Samantha S. Karn, Corporation Counsel, on January 23, 2025 at 12:00 p.m. It may have been subsequently revised. 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 __________________, 2025, by a vote of _____ ayes and _____ nays. COMMON COUNCIL FOR THE CITY OF CARMEL ______________________________ ______________________________ Adam Aasen, President Matthew Snyder, Vice-President ______________________________ ______________________________ Rich Taylor Anthony Green ______________________________ ______________________________ Jeff Worrell Teresa Ayers ______________________________ ______________________________ Shannon Minnaar Ryan Locke ______________________________ Anita Joshi ATTEST: ______________________________ Jacob Quinn, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this __________day of _________________ 2025, at __________ __.M. ______________________________ Jacob Quinn, Clerk Approved by me, Mayor of the City of Carmel, Indiana, this __________ day of _________________ 2025, at __________ __.M. ______________________________ Sue Finkam, Mayor ATTEST: ______________________________ Jacob Quinn, Clerk Resolution CC-02-03-25-06 Page Two of Two Docusign Envelope ID: E417DCFC-BFC2-409B-B78F-43DE523333D4 A11:30 A February 9 4th 11:15February February 4th 0 3rd