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HomeMy WebLinkAbout1980-OR-29ORDINANCE NO. 80-OR-~_ An Ordinance Delaring a Surplus of Funds in the Cumulative Capital Improvement Fund and Transferring Funds to the General Fund of the City. BE IT ORDAINED BY THE COMMON COUNCIL of the City of Jeffersonville, Indiana: Section One That there now exists a surplus of and an excess of funds in the Cumulative Capital Improvement Fund of the City and it is to the best interest of the city to transfer such excess or surplus to the general fund. Section Two That $132,000.00 be and hereby is transferred from the Cumulative Capital Improvement Fund to the General Fund of the City. Section Three That this ordinance shall become effective upon passage by the Council and approval by the Mayor. Presented by me as Clerk-Treasurer to the Mayor of said City of Jeffersonville this .~ day of August, 1980.~ .~ CLERK-TREAS~R ~/ Approved and signed by me t~ day of Augu~ 1980.