HomeMy Public PortalAbout2224-1966 - Appropriation from Cumulati...o Construct New Municipal BuildingORDINANCE NO. 2224196
AN ORDINANCE TO -APPROPRIATE $280, 000 FROM THE CUMULATIVE
BUILDING FUND FOR PURCHASE OF LAND ON WHICH TO CONSTRUCT
A NEW MUNICIPAL BUILDING.
WHEREAS, Declaratory Resolution 5 - 1962 established a Cumulative
building or sinking fund to provide funds for any or all of the following
purposes:
1. To purchase, build, construct and erect, equip
and maintain buildings for municipal purposes;
2. To acquire land and improvements thereon, if any,
for building, construction and erecting, municipal
buildings thereon: Provided, that the provisions
of this sub -section shall also apply to the providing
of funds for the purpose of razing or demolishing
any improvements on land to be acquired, and
.further for the leveling, grading, and preparing
said land for building, constructing and erecting a
municipal building thereon:
3. To acquire land to be used as a street, road,
sidewalk or means of ingress or egress to the land
acquired for the purpose of building, constructing
and erecting a municipal building thereon:, and also
to provide funds for the improvement or construction
of any street, road, sidewalk or means of ingress or
egress to any property upon which a municipal
building is to be built, constructed and erected: and
WHEREAS, the City of Richmond,, Indiana, now has under option certain
real estate and there is a need for funds with which to purchase real
estate, demolish buildings and to do all those things necessary to erect
a municipal building, and
WHEREAS, certain extraordinary emergencies have developed since
the adoption of the existing annual budget so that it is now necessary to
appropriate more money for the various functions of the city government
than was appropriated in the annual budget;
NOW THEREFORE BE IT ORDAINED BY THE COMMON COUNCIL OF
THE CITY OF RICHMOND, INDIANA:
. .t' '.� ,. �. _,
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SECTION I.. That for the expenses of the city government and its
institutions for the year ending December 31, 1966, the following
amount of money is hereby appropriated and set apart out of the
Cumulative Building Fund for the purposes specified. Said sum being
subject to all laws governing the same and such amount appropriated
shall be held to include all expenditures authorized to be made during
the year, unless expressly stipulated by law.
SECTION 2. That for the said fiscal period, there is hereby appropriated
from the Cumulative Building Fund the following specified amount to
meet the extraordinary emergencies hereby declared to exist:
NO. 7 PROPERTIES - NO. 73 LAND - for the purchase of land and
improvements thereon and for providing funds for the purpose of razing
or demolishing the improvements thereon and for the leveling, grading
and preparing of said land for the erection of a municipal building thereon.
Amount Requested- Amount Appropriated
$2,80,000 $280,000
SECTION 3. This ordinance shall be in full force and effect from and
after its. passage and approval by the Mayor and is subject to the laws
of the State of Indiana, governing emergency appropriations.
PASSED AND ADOPTED by the Co on Council of the City of Richmond,
Indiana, this 3 day of 6 cr , 1�66.
ATTEST:
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siden-f,. C61iimon
PRESENTED by me, Richmond City Clerk, to the Honorable Mayor of the
City of Richmond, Indiana, this -4L day of 1966.
ClCity k
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.-_-.APPROVED b Edward L. Cordell, Mayor of t e City of RiclLond,,
Z'
Indiana,, this by
of 1966.
Mayoit
ATTEST -
City C;r�k (J