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HomeMy Public PortalAbout3134-1976- TRANSFER WITHIN THE CUMMULATIVE CAPITAL IMPROVEMENT FUNDORDINANCE NO. 3134-1976 AN ORDINANCE TO TRANSFER WITHIN THE CUMULATIVE CAPITAL IMPROVEMENT FUND (CIGARETTE TAXI TWO HUNDRED THOUSAND DOLLARS ($200,000.00) FROM THE SOUTH 16TH STREET AND L STREET DRAINAGE PROBLEM TO PURCHASE REAL ESTATE FOR RENEWAL OF BLIGHTED AREAS IN THE CITY OF RICHMOND, INDIANA. WHEREAS, certain extraordinary emergencies have developed since the adoption of the existing annual budget so that it is now necessary to appropriate more money for various functions of the City Government than was appropriated to the annual budget. SECTION 1. BE IT ORDAINED by the Common Council of the City of Richmond, Wayne,County, Indiana, that for the expenses of said municipal corporation the following additional sums of money are hereby appropriated and ordered set apart out of the several funds herein named and for the purposes herein specified, subject to the laws governing the same: AMOUNT AMOUNT REQUESTED APPROPRIATED CUMULATIVE CAPITAL IMPROVEMENT FUND (CIGARETTE TAXI Purchase of Real Estate for Renewal of Blighted Areas in the City of Richmond, Indiana $200,000.00 $200,000.00 TOTAL $200,000.00 $200,000.00 SECTION 2. WHEREAS, it has been shown that certain existing appropriations now have unobligated balances which will not be needed for the purposes for which appropriated, it is further ordained that the following existing appropriations be reduced in the following amounts; AMOUNT AMOUNT REQUESTED APPROPRIATED CUMULATIVE CAPITAL IMPROVEMENT FUND (CIGARETTE TAXI South 16th and L Streets Drainage Problem $200,000.00 $200,000.00 TOTAL $200,000..00 $200,000.00 SECTION 3. This Ordinance shall be in full force and effect from and after its passage and approval by the Mayor and is subject to the laws of the State of Indiana governing emergency appropriations. PASSED AND ADOPTED by t,4e Common Council of the City of Richmond, Indiana, this X/M day of ati , 1976. President of Common Council ATTEST: (tally Clerk / PRESS' D bey .m�e" to the Mayor of the City of Richmond, Indiana, this 5 day of c�f.�"�x-v�-- , 1976, it Clerk APPROVED by me, Cliffo J. Dickman, Mayor of the City of Richmond, Indiana, this I�'L� day of L21976. 0 ATTEST: City Clerk