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HomeMy Public PortalAbout2552-1971 - Appropriation - From 1970 Park District Bond Issue for completing construction of Highland Lake Golf CourseORDINANCE NO. 2552-1971 AN ORDINANCE TO APPROPRI!+TE THE SUM OF $6,281.34 o EARNINGS FROM UNITED STATES GOVERNMENT SECURITIES FROM THE 1970 PARK DISTRICT BOND ISSUE OF $580,000.00 FOR COMPLETING THE CONSTRUCTION OF HIGHLAND LAKE GOLF COURSE. WHEREAS, there is a need for funds to do those things necessary to complete the Highland Lake Golf Course, -and NOW, THEREFORE BE IT ORDAINED BY THE COMMON .COUNCII. OF THE CITY OF RICHMOND, IN:DIANA: SECTION 1, That fcr the expenses of the City Government and its institutions f ov the year ending December 31,, 1971, the following amount of money is hereby appropriated and set apart out of the Earnings from United States Government Securities from the 1970 Park District Bond Issue of $580,000o00 for completion of the Highland Lake Golf Course. 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 expressly stipulated by law. SECTION 2e That for the said fiscal period, ',there is hereby appropriated fsorn United States Government Securities from the 1970 Park District Bond Issue of $580,000.00., for° completion of the Highland.Lake Golf Course, the following• specified amount to meet.the extraordinary emergencies hereby'.declared to exist:' 5 AMOUNT,REQUES.TED AMO.UMT.APPROPRIATED $6,281. 3,4 SA, 241:. 34 SECTION 3. Thi;s Ordinance shall be in full.,force and effect fromm and after its passage and approval by the'Mayae;and is subject tc: the taws of `ihi State of Indiana, governing emergency appropriations. PASSED AND ADOPTED by the C on Council of the City of Richmond, Indiana, this al of {_ _, 1971 s en , -Common nc ATTEST: Au, Ulty Llerk PRESENTED to the Honorable Mayor, Richmond, In this2Lday By * n 'E. Kline, of the City of of , 1971, L I y L er APPROVED by me, Byro E. Klute, Mayor of the City of Richmond, Indiana this iAfr day of , 1971. ayor ATTEST: tLIty -t;Ter