HomeMy Public PortalAbout1248-1942 - Trransfering $240,000.00 from General Fund to Power Plant Depreciation Reserve FundOrdinance No. 1248-1942
AN ORDINANCE 'TRANSFERRING THE SU11111 OF TWO HUNDRED FORTY THOUSAND
DOLLARS ($240,000) FROM THE GENERAL FUND CASH TO DEPRECIATION
RESERVE FUND CASH OF THE MUNICIPAL ELECTRIC LIGHTING !AND POWER
PLANT OF THE CITY OF' RICHMOND, IivDIANA. SAID AMOUNT HAVING BEEN
TRANSFERRED AT VARIOUS TIMES DURING THE YEAR WITHOUT ORDIN.&NCE.
Section 1. BE IT ORDAINED BY THE COAMON COUNCIL OF THE CITY OF
RICHMOND, INDIANA, that there be, and there is hereby transferred
the sum of $240,000. from the General Fund Cash to the De;creciation
Reserve Fund Cash -of the Municipal Electric Lighting & Power Plant
of said City.
Section 2. This ordinance shall be in full force and effect from.
and after its passage, signature of the President of the Common
Council, approval of the Mayor.
PASSED BY THE COMMON COUNCIL OF T �I
CITY OF hICHMOND, INDIANA, THIS iy
DAY OF DECEIuBER 1942.
(:R� �
President bf the Common Council
Attest•
City Clerk( -
Submitted by me, Lester E. Meadows, Clerk of the City of Richmond,
Indiana, to the.Hon. John R. Britten, M ayor of the City of Richmond,
Indiana, this ��- day of December, 1942, at ' do A.M.
CitNT Jerk
11
Approved
Indiana.
Attest
by me John R. Britten-, Mayor of the City of Richmond,
this d_�_ day of December, 1942.