HomeMy WebLinkAboutD-1992-10 Addt'l Approp/$364,096/Support for the Arts FoundationORDINANCE D- 1992 -10
SPONSORS: Councilors Sharp, Snyder, Rider,
Griffiths, and Carter
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
AUTHORIZING AND PROVIDING FOR THE APPROPRIATION OF FUNDS
FROM THE "LAND ACQUISITION" FUND #500) TO THE
"SUPPORT FOR THE ARTS" FUND #504)
WHEREAS, the City of Carmel, Indiana (hereinafter "City has established a "Land
Acquisition" Fund (the "Land Fund and the Support for the Arts Fund (the "Arts Fund and
WHEREAS, the Land Fund, 500, was originally established to acquire land in the area of what
is now Cannel Civic Square, and currently has a balance of approximately Three Hundred Fifty Four
Thousand Ninety Six Dollars ($354,096.00), plus accrued interest; and
WHEREAS, the Arts Fund, 504, was established to subsidize artistic endeavors within the City
and has an available balance of approximately Twenty Three Thousand Dollars ($23,000.00); and
WHEREAS, the Council wishes to appropriate additional funds to the Arts Fund, to wit: the
entire remaining balance of the Land Fund.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel,
Indiana, that the following sum of money is hereby appropriated out of the Land Acquisition Fund to the
Support for the Arts Fund for the purposes specified, subject to applicable laws, as follows:
Section 1: The foregoing Recitals are incorporated herein by this reference.
Section 2: The following sum of money is hereby appropriated out of the Land Acquisition Fund
and the Support for the Arts Fund for the purposes specified, subject to applicable laws, as follows:
PASSED by the Common Council of the City of Cannel, Indiana, this ck r day of
2010, by a vote of 5 ayes and l nays.
This Ordinance was prepared by Thomas D. Perkins, Carmel Assistant City Attorney.
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$354,096.00 (plus accrued interest) from the
LAND ACQUISITION FUND #500)
To
SUPPORT FOR THE ARTS FUND #504)
In the amount of $354,096.00 (plus accrued interest).
Presid g Officer
Richard L. Sharp, Pr ;.ident Pro Tempore
D PP &SE1
John V. Accetturo
Ronald E. Carter
ATTEST:
Diana L. Cordray, IAMC, Clerk- Treasurer
ATTES
v s
Presented by me to the Mayor of the City of Cannel, Indiana this o:I day of
2010, at to P.m.
Approved by me, Mayor of the City of Carmel, Indiana, this r l day of
2010, at 5 P .M.
COMMON COUNCIL FOR THE CITY OF CARMEL
Diana L. Cordray, IAMC, Clerk -Tre. s er
Pages Two of Two
This Ordinance was prepared by Thomas D. Perkins, Carmel Assistant City Attorney.
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SPONSORS: Councilors Sharp, Snyder, Rider,
Griffiths, and Carter
AI 6 PPc�E .T
Kevin Rider
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W. Eric Seiden icker
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uc yder ale
Diana L. Cordray, IAMC, Clerk -Tr- surer
James Brainard, Mayor