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HomeMy WebLinkAboutD-2145-13 Amend 2-135 - Renumber Fund from 212 to 213 SPONSOR(S): Councilor Sharp ORDINANCE D-2145-13 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, RENUMBERING THE CITY'S NON-REVERTING NEIGHBORHOOD DRAINAGE IMPROVEMENT FUND WHEREAS, by Ordinance D-1942-.09, the Common Council of the City of Carmel, Indiana, ("Council") established a Non-Reverting Neighborhood Drainage Improvement Fund (Fund 212), as codified in Chapter 2, Article 4, Section 2-135 of the Carmel City Code (the "Fund"); and WHEREAS, the Council now desires to renumber that Fund. NOW, THEREFORE, BE IT ORDAINED, by the Common Council of the City of Cannel, Indiana, as follows: Section 1. The foregoing Recitals are incorporated herein by this reference. Section 2. The Fund number should be and the same is hereby renumbered to Fund 213, such change to be effective on and after the effective date of this Ordinance. Section 3. Chapter 2, Article 4, Section 2-135 of the Carmel City Code should be and the same is hereby amended to read as follows: "§2-135 Non-Reverting Neighborhood Drainage Improvement Fund (Fund 213) (a) There is established a Non-Reverting Neighborhood Drainage Improvement (Fund 213) to be used exclusively for the purpose of accepting and disbursing monies received for City neighborhood drainage improvement projects. (b) The Non-Reverting Neighborhood Drainage Improvement Fund shall be administered and maintained as set forth herein: 1) The Non-Reverting Neighborhood Drainage Improvement Fund shall be managed by the fiscal officer of the City as required by law; 2) The funds contained in the Non-Reverting Neighborhood Drainage Improvement Fund shall be received and deposited therein from all lawful sources in accordance with applicable law; 3) The funds contained in the Non-Reverting Neighborhood Drainage Improvement Fund shall be accounted for and maintained separate and apart from all other City funds, and shall be invested with the interest earned thereon deposited into this fund; and 4) When monies are deposited into the Non-Reverting Neighborhood Drainage Improvement Fund, those funds may only be spent on drainage improvement projects located within each individual councilmanic district. 5) The funds held and accounted for in the Non-Reverting Neighborhood Drainage Improvement Fund shall be expended only: Page One of Two Pages This Ordinance was originally prepared by Douglas C.Haney,Carmel City Attorney,on August 6,2013 at 10:28 a.m. It may have been subsequently revised. However,no subsequent revision to this Ordinance has been reviewed by Mr.Haney for legal sufficiency or otherwise. • SPONSOR(S): Councilor Sharp a) By a majority vote of the Common Council; b) For the purpose of improving proper drainage in the neighborhoods of our City; 6) The life of the Non-Reverting Neighborhood Drainage Improvement Fund shall be perpetual, unless terminated by subsequent ordinance." PASSED by the Common Council of the City of Carmel, Indiana, this 19 day of 03(4.4 01— , 2013, by a vote of b— ayes and 1) nays. COkVIMON COUNCIL FOR THE CITY • C A ' EL,49 A 1�ng O r Kevin D. Rider • - .9(,.., /\t o p2 csc A./7— `chaff. Sharp, Pre ident Pro Tempore Carol Schleif No � Pk ESC nib ' s ald E. C.rter W. Eric Seidenstick- I� ,% ie« ♦ `li Fl m 'uc. :nyder or ATTES 71 0 - .0 Diana L. Cordray, IAMC, Clerk- r:asurer Presented by me to the Mayor of the City of Carmel, Indiana this ' 1 day of auto , 2013, at 6 :3g P Al AL---n-A-)- (.Diana L. Cordray, IAMC, Clerk-Treasl rer Approved by me, the Mayor of the City of Carmel, Indiana, this I Q day of , 2013, at to :.3.87 P.M. Ja s Brainard, Mayor ATTEST: , ` /Li -' Diana L. Cordray, C, Clerk-Treasure Page Two of Two Pages This Ordinance was originally prepared by Douglas C.Haney,Carmel City Attorney,on August 6,2013 at 10:28 a.m. It may have been subsequently revised. However,no subsequent revision to this Ordinance has been reviewed by Mr.Haney for legal sufficiency or otherwise.