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HomeMy Public PortalAbout1275-1944 - Transfering from the Power Plant General Fund $300,000.00 to various Funds in the City to be paid in installmemtsORDINANCE NO. 1275-1944 AN ORDINANCE PROVIDING FOR THE TRANSFER FROM THE GENERAL FUND OF THE W-UNICIPAL ELECTRIC LIGHTING AND POWER PLANT TO VARIOUS FUNDS OF SAID CITY THE SUM OF -$300,000.00 IN INSTALLMENTS UPON CALL BY THE CITY CONTROLLER BETWEEN JANUARY let, 194.5 AND JANUARY 1st, 1946 AND PROVIDING FOR THE TAKING EFFECT THEREOF. Section 1. BE IT ORDAINED BY THE COMM-ON COUNCIL of the City of Richmond, Indiana, as follows, to -wit: That the sum of Three hundred thousanff dollars be and the same is hereby ordered, transferred from the General Fund oft the Municipal Electric Lighting and Power Plant to the City of Richmond, Indiana for the purpose of defraying its governmental expense and that said sum be available on call by the Controller of the City of Richmond to the said Municipal Electric ,L` ghting ad Pow' er' Plant on and after the lst duty of January, 1a45 and up to the, 1st day of January, 1946. Section 2. The Clerk of the ssJ.6 Q_ity, shall'givo notice, as required by law of the pendency of this ordinance and the purposes thereof by posting written notices thereof in at least three ]"Vblic places within the City Limits of the City of Richmond, stating the time, place and date then And where said Common Council will, and consier the :tar, same, and that the Clerk shall make proper proof of the posting thereof ams submit the same to Council before final passage of said ordinance Section 3- Be it further ordained that the proper officers of said City are hereby authorized, empowered and directed' to make and effect ta.id transfer of acid funds' as authoriz'ed and designated in Section- 1 hereof. Section 4. This ordinance ah&ll be in full force and effect from and after its passage, after due notice if provided, Approval of the Mayor. PASSED BY IOND, INDIA-; Attes P,_ City C1.crx COMMON COUNCIL. OF THE CITY OF RICH IS DAY OF AUGUST, 1944. President Submitt d by me, Lester E.. Meadow City, -Clerk to John R. Britten, Mayor, this day of August, 1944 at Lao o'clock. City Cler App_$oved by me, John R. Britten, Mayor ti��of -August, 1944 at .3 0 M o'clock. Attest of ithe City of Rlchm_ond., Indiana this