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HomeMy WebLinkAboutD-2152-13 Additional Appropriation - $3,181,199.90 to IL Street Development Fund #212 SPONSOR(s): Councilor(s) Rider, Schleif, Seidensticker, Sharp and Snyder ORDINANCE D-2152-13 AS AMENDED AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, AUTHORIZING AND APPROVING AN ADDITIONAL APPROPRIATION OF FUNDS FROM THE NON-REVERTING THOROUGHFARE FUND #919 AND THE NON-REVERTING KEYSTONE IMPROVEMENT FUND #920, WHEREAS, an amount of approximately $5,000,000 will be needed to fund the Non- Reverting Illinois Street Development Fund#212; and WHEREAS, the following Funds have excess dollars available to move into the Non-Reverting Illinois Street Fund#212 for the construction of a roadway to alleviate the closing of U.S. 31 during its construction; and WHEREAS, Illinois Street is considered to be an essential element of thoroughfare planning for the citizens of Carmel. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the following additional sum of money is hereby appropriated from the Non-Reverting Thoroughfare Development Fund #919 and the Keystone Non-Reverting Fund #920 for the purpose specified, subject to applicable laws, as follows: FROM $612,000 from the Non-Reverting Thoroughfare Development Fund#919 $2,569,199.90 from the Non-Reverting Keystone Avenue Improvement Fund#920 TO Non-Reverting Illinois Street Development Fund#212 This Ordinance shall become effective upon its passage and execution by the Common Council and the Mayor as required by law. ADOPTED by the Common Council of the City of Carmel, Indiana this c2f 51—day of ecT6-eit-O L , 2013 by a vote of (o ayes and a nays. VERSION A-FINANCE ADMINISTRATION AND RULES COMMITTEE 10/8/13 COMMON COUNCIL FOR THE CITY OF CARMEL _c7 Presiding 0 leer evin D. Rider /4a .f (`)rPSe n'f eL.LLU Richard L. Sharp, President Pro Tempore Carol Schleif Ronald E. Carter W. Eric Sei ensticker 4 l _ SIT nkam Luci • der ATTEST: Diana L. Cordray, IAMC, erk-Treasurer Sfi Presented by me to the Mayor of the City of Carmel, Indiana this a l day of OCZ06-0c, 2013, at 7:as f.M. Gd Diana L. Cordray, IAMC, Clerk-' zeasurer s**' Approved by me, Mayor of the City of Carmel, Indiana, this c9/ day of ot ee,h- 2013, at 1= VO f.M. James fainard, Mayor ATTEST: etlegq Diana L. Cordray, IAMC, Clerk-Teasurer PREPARED BY:Diana L. Cordray Clerk-Treasurer City of Carmel