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HomeMy Public PortalAbout1261-1943 - Transfer $425,000.00 from Power Plant to the CityORDINANCE NO. / m (Q_ /-1943 AN ORDINANCE OF THE CITY OF RICHMOND, WAYNE COUNTY, INDIANA, AUTHORIZING THE TRANSFER FROM THE GENERAL FUND OF THE MUNICIPAL ELECTRIC LIGHTING AND POWER PLANT TO VARIOUS FUNDS OF SAID CITY OF RICHMOND THE AGGREGATE SUM OF izsl O o o 20 o IN MONTHLY INSTALLMENTS BETWEEN JANUARY 1, 1944 and MEMBER 31st, 11-9447and providing for the taking effect there of. Section 1. BE IT ORDAINED BY THE COMMON COUNCIL of the City of Richmond, Wayne County, Indiana, as follows, to -wit:. That the sum of $1j15 0 O . o 0 be and the same is hereby ordered transferred from the Genera Funa of the Municipal Electric Lighting and Power Plant of the City of Richmond to the various named Funds of the City of Richmond, Indiana, and in the amounts as indicated; payments to be made in twelve monthly installments commencing on the first day of each month thruout the year 1944. CIVILCITY GENERAL FUND 0 d O . O O GTTvTT Tn gG*R +s&1Q* TOTAL $ go-5i 000. 00 For the purpose of this ordinance it is hereby declared that the sum of q p o will not be necessary for carrying on the business of xx sal_municipal ec ric Lighting and Power Plant during the year 1944, but kk; that there is and will be an actual need and'necessity,upon the part of the City of Richmond, to use said sum of money to carry on it's necessary governmental functions and that an emergency exists at this time for the transfer of said funds and the use thereof by the City of Richmond for it's governmental functions Section 2. The Clerk of the City of Richmond, Indiana, shall upon the intro- duction of this ordinance and before the final passage thereof, give ten days notice of the pendency of this ordinance and the purposes thereof, by posting written notices thereof in at least three public places within the City Limits of said City of Richmond, Indiana, stating the time, place and date when and where said Common Council will meet and consider the same, and that the Clerk shall make proper proof of the posting thereof and submit the same to Council before final passage of said ordinance.. Section 3. Be it further o4dained that the proper officers of said City are hereby authorized, empowered and directed to make and effect the transfer of said moneys as authorized and directed in Section 1 hereof. Section 4. This ordinance shall be in full force and effect from and after it's passage, after due notice is provided, passage by council, approval of the Mayor after submission to.him. PASSED BY THE,:9OMY10N COUNCIL OF THE CITY OF RICHMOND THIS 2,,� DAY OF 1943- Attest - City Clerk Pres en ommon Council Submitted to John R. Day of 9d&9' wit 1943 01 Britten, Mayor of _City of Richmond, Indiana this f?-' at /Q`o M o'clock. Approved by me this U—day of FIR Ad 11943 at 100 oclock r Attest: City Clerk Mayor