HomeMy Public PortalAbout1395-1950 - Appropriating $175,000.00 From Power Plant Cash Reserves to City General FundORDINANCE''NQ., 1950•
AN. ORDINANCE APPROPRIATI 4G. THE SUM ' OF -ONE
HUNDRED ' SEVENTY=FIVE" ,THOUSAND DOLLARS ($175 , 000. 00) . "
FROM-, THE MUNICIPAL ELECTRIC. LIGHTING AND :POWER--P,LANT,'.S
CASH . RESERVE FUND. TO THE ' GENERAL -FUND . OF.. ,THE; CITY. OF .
RI CHMOND .':
Sec:. I::. -:BE IT ORDAINED .b,y .the Common Council
of the City of Richmond, "Indiana, that there •be,: 'and. there
i-s hereby appropriated the sum of One. Hundred,'Seventy=five
Thousands`,Dollars- (t175,000:00.)'.out "of. the', -Cash` Reserve -
Fund -of 'the Municipal Electric 'LoYi.ting and Power F1ant
to :the General Fund.. of- .th'e City. of . Ri.chmond,: -and that -the
t :Cash •Reserve '.Fun,d%,of tYi"e` T�Iui cipal';•Electr.ic" Lighting and
:.',Power", Plant be' reduced �.and' the'. General Fund:, of the City of
Richmond :te -increased ":in-" sai"d.'amouht -of ' Or e' Hundred Seventy-
,.. „
175,000.0),all ofwhich sarsfive Thousand Dollin --
accordance with:; Chapter,'#153;., gages 106., .107, and .408of the
Acts. of the .General Assembly of the `State of Indiana, for
..the. y.ear-1949-.-, .
Sec.:: 2_. ' ,.BE • IT FURTHER: ORDAINED that the City
6ontroller of the City of Richmond be;_ "and' he-:is,hereby
authorized- and directed' ,to make ,su" ch. transfer.
.Sec.. 3:. THIS ORDINANCE* shalll� in, full .force.
-and effect "up:on ,and .-after the passage thereof-, signature -
of the President of the .Common Counc- l.,` and- submission `tc
and .approval. by the Mayor. ,.. .
..Pass-ed,„ by : ComrAon Council this: 3!' . day of 'January
ATTEST:
City.0 President
Presented by me,.'Ather'.J... Reeg',. City ert,
Lester'E.:Meadows , Mayor,-:.this:,3rd'da at 1950'
:. at. U M. 0.' clock.. � ; :.
- APPROVED" by "me; Lester .E. 'Meadows, ,iayor of the
City.'.g� Richmond,. Indi this 3 day of, J nuary, ..19'50,
At ' " d'�, P, 0' ock.
.AT TEST yor, - :
CityCe,