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HomeMy Public PortalAbout2837-1973 - Transfer - Cash Reserve Fund of RP&L to City's General FundORDINANCE N0, 2837-1973 AN ORDINANCE TRANSFERRING 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, 1972 in an amount in excess of Four hundred fifteen thousand seven hundred dollars and twenty eight cents ($415,700.28). NOW THEREFORE BE IT ORDAINED by the Common Council of the City of Richmond, Indiana, that the sum of four hundred fifteen thou- sand seven hundred dollars and twenty eight cents ($415,700.28) be transferred from the cash reserve fund of Richmond 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 a- day of y�y t_m ( , 1973. �( Presi � nt of o n Council ATTEST: City Perk PRESENTED to the May r of the City of Richmond, Indiana this /— day of � , 1973. City C erk APPROVED by the Mayor of the ity of Richmond, Indiana this #_ day of ., a , 1973. OMayor/ ATTEST: City C erk