Loading...
HomeMy Public PortalAbout2828-1973 - Appropriation - Federal Revenue Sharing Trust Fund - Municipal Parking FacilityORDINANCE NO. 2828-1973 AN ORDINANCE TO APPROPRIATE TWENTY FOUR THOUSAND DOLLARS, ($24,000.00) 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 ap- plicable to the expenditure of its own revenues; WHEREAS, pursuant to the said State and Local Fiscal Assis- tance, 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, moneys are now needed for certain work and services for the Municipal Multilevel Downtown Parking Facility in- cluding architectural services, comparative analysis of con- struction types, feasibility studies, subsurface investiga- tion and soil engineering, 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 a- part out of the Federal Revenue Sharing Trust Fund for cer- tain 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 au- thorized to be made during the year, unless expressly, stipu- lated 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 AMOUNT REQUESTED APPROPRIATED MUNICIPAL PARKING FACILITY $24,000.00 $24,000.00 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 Con- troller. 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 emer- gency appropriations. PASSED AND ADOPTED by the,Common Council of the City of Rich- mond, Indiana, this ce day of _ , 1973. PeVlrnt—ofo m ounce ATTEST: City Cl r PRESENTED to the Mayor of the City of Richmond, Indiana, this day of .1 e 1973. City Clerk/ i APPROV41) by the Mayo of the City of Richmond, Indiana, this i day of 1973_ ATTEST: City r c