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HomeMy WebLinkAboutD-2765-25 Appropriation for City Property Maintenance 1206 as Amended - EXECUTEDSponsor: Councilor Taylor This Ordinance was prepared by Samantha S. Karn, Corporation Counsel, on February 20, 2025 at 8:00 a.m. It may have been subsequently revised. No subsequent revision to this Ordinance has been reviewed by Ms. Karn for legal sufficiency or otherwise. ORDINANCE D-2765-25 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA AUTHORIZING AND APPROVING AN ADDITIONAL APPROPRIATION OF $1,067,420 FROM THE GENERAL FUND (#101) TO THE CITY PROPERTY MAINTENANCE BUDGET (#1206). Synopsis: This ordinance appropriates $1,067,420.00 to support street repaving costs. This additional appropriation addresses damages incurred in 2024 to the 106th Street overpass on Keystone. The City of Carmel anticipates recovering approximately $1 million for the repairs from the driver’s insurance which will be deposited into the General fund. WHEREAS, funds in the amount of One Million Sixty-Seven Thousand Four Hundred Twenty Dollars ($1,067,420.00) is needed to pay for paving within City Property Maintenance; and WHEREAS, the General Fund #101 has excess funds in the amount of One Million Sixty- Seven Thousand Four Hundred Twenty Dollars ($1,067,420.00) to appropriate to City Property Maintenance (#1206). 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 General Fund (#101) to the City Property Maintenance Budget (#1206) for the purposes specified herein, subject to applicable laws, as follows: $1,067,420.00 from the General Fund (#101) To City Property Maintenance (Fund #1206): Line Item 4350200-Street Repaving - $1,067,420.00 This ordinance shall be in full force and effect from and after the date of its passage and signing by the Mayor. Ordinance D-2765-25 Page One of One Docusign Envelope ID: 7B4B9A42-C88E-4E49-888B-25C5CE7DABF4 Sponsor: Councilor Taylor This Ordinance was prepared by Samantha S. Karn, Corporation Counsel, on February 20, 2025 at 8:00 a.m. It may have been subsequently revised. No subsequent revision to this Ordinance has been reviewed by Ms. Karn for legal sufficiency or otherwise. PASSED, 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 Ordinance D-2765-25 Page Two of Two Docusign Envelope ID: 7B4B9A42-C88E-4E49-888B-25C5CE7DABF4 March3rd 0 March A 9 March 11:15 4th A 11:30 4th