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HomeMy Public PortalAbout2810-1973 - Appropriation - Federal Revenue Sharing Trust Fund - Curb Construction ProgramORDINANCE NO. 2810-1973 AN ORDINANCE TO APPROPRIATE THIRTY SIX THOUSAND DOLLARS ($36,000.00) FROM THE FEDERAL. REVENUE SHARING TRUST FUND, FOR CERTAIN ORDINARY AND NECESSARY CAPITAL EXPENDITURES AS AUTHORIZED BY THE LAWS OF THE STATE OF INDIANA AND BY THE ORDINANCES OF THE CITY OF RICHMOND, INDIANA. WHEREAS, the State and Local Fiscal Assistance Act of 1972, Title I of Public Law 92-512 was approved October 20, 1972, WHEREAS, Section 51.40 of Part 51, Chapter I, Subtitle B, Title 31 of the Code of Federal Regulations provides as follows: A recipient government which receives entitlement funds under the Act shall: (C) Provide for the expenditure of entitlement funds in accordance with the laws and procedures applicable to the expenditure of its own revenues; WHEREAS, pursuant to the said State and Local Fiscal Assistance, the proper legal officers of the City of Richmond, Indiana, have established a trust fund known as THE FEDERAL REVENUE SHARING TRUST FUND, WHEREAS, revenues are available in said trust fund to be used for certain ordinary and necessary capital expenditures, WHEREAS, there is a need for funds for certain ordinary and necessary capital expenditures as authorized by law, and 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 the various functions of the City Government than was appropriated in the annual budget; NOW THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF RICHMOND, INDIANA: SECTION 1. That for the expenses of the City Government and its institutions for the year ending December 31, 1973, the following amount of money is hereby appropriated and set apart out of the Federal Revenue Sharing Trust Fund for certain ordinary and necessary capital expenditures, said sum being subject to all laws governing the same and such amount appropriated shall be held to include all expenditures authorized to be made during the year, unless ex- pressly stipulated by law. SECTION 2. That for the said fiscal period, there is hereby appropriated from the Federal Revenue Sharing Trust Fund for the hereafter enumerated purposes the following specified amounts to meet the extraordinary emergencies hereby declared to exist: AMOUNT REQUESTED AMOUNT APPROPRIATED CURB CONSTRUCTION PROGRAM $36,000.00 $36,000.00 FROM: The Federal Revenue Sharing Trust Fund SECTION 3. An extraordinary emergency exists for the above appropriation, and it has been recommended by the City Controller. SECTION 4. 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. page 2 PASSED AND ADOPTED bv t e Common Council of the City of Richmond, Indiana, this day of(IL, 1973. ident of omm ounci a; ATTEST: City C k r PRESENTED to the Mayor of the City of Richmond, Indiana, this day of , 1973. e-� 6 Cit Clerk d' APPROVED by the Mayor of the City of Richmond, Indiana, this ,X_:day of 1973. Mayor ATTEST: it',e City C k