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HomeMy Public PortalAbout2836-1973 - Transfer - Cash Reserve Fund of RP&L to City's General FundORDINANCE NO. 2836-1973 AN ORDINANCE TRANSFERING ADDITIONAL FUNDS FROM THE CASH RESERVE FUND OF RICHMOND POWER AND LIGHT COMPANY TO THE CITY OF RICHMOND GENERAL FUND. WHEREAS, following final approval of the annual municipal general fund budget an emergency has arisen for future appropriations from the general fund of the City of Richmond, and WHEREAS, there has been accretions in the cash reserve fund of Richmond Power and Light Company since June 30, 1973 in an amount in excess of One hundred thousand dollars ($100,000.00). NOW THEREFORE BE IT ORDAINED by the Common Council of the City of Richmond, Indiana, that the sum of One hundred thousand dollars ($100,000.00) be transferred from the cash reserve fund of Rich- mond Power and Light Company to the City of Richmond, Indiana general fund. PASSED AND ADOPTED by the Common Council of the City of Richmond, Indiana, this r�-�— day of;Oi 1973. .i P e i e of C mm n Council ATTEST: City erk PRESENTED to the M yor f the City of Richmond, Indiana, this day of �- 1973. 1 City C1 k APPROV$D by the M f t e City of Richmond, Indiana, this or day of1973. Mayor ' ATTEST: City C er