HomeMy Public PortalAbout142-1997 - Cash transfer from General fund to Off Street parkingORDINANCE NO. 142-1997
A GENERAL ORDINANCE AUTHORIZING A CASH TRANSFER FROM THE
GENERAL FUND TO THE OFF STREET PARKING FUND
WHEREAS, the Off Street Parking Fund consists of revenues from city -owned parking
lots and contributions from local merchants; and
WHEREAS, the Off Street Parking Fund is used to maintain and operate city -owned
parking lots; and
WHEREAS, revenues and contributions during the calendar year 1997 were not
sufficient to meet the operating costs of the city -owned parking lots; and
WHEREAS, it is desirable to transfer money to the Off Street Parking Fund from the
General Fund so that the Off Street Parking Fund will not have a negative
balance.
NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond,
Indiana that the City Controller is hereby authorized to transfer an amount up to Thirty Thousand
Dollars ($30,000.00) from the General Fund to the Off Street Parking Fund to insure that the Off
Street Parking Fund does not end the fiscal year with a negative cash balance.
Passed this J�day 1997, by the Common Council of the City of
Richmond, Indiana.
,�el"&J4.resident
(Robert Dickman)
ATTES • ' , City Clerk
(Norma Schroeder)
PRESENTED to the Mayor of the City of Richmond, Indiana, this �� day of
1997, at 9:00 a.m.
(0
City Clerk
(Norma Schroeder
}L
ROVE by me, Dennis Andrews, May o of Ric ond, I is , this day
o , 1997, at 9:05 a.m. 1/�
�"�or
i (Dennis And ews)
ATTEST. h.�.��c� �x-ty Clerk
(Norma , chroeder)