ORDINANCE
WHEREAS, The City of Chicago is a home rule unit of government as defined in Article VII, Section 6(a) of the Illinois Constitution, and as such may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, The management of its finances is a matter pertaining to the government and affairs of the City of Chicago; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1: The City Comptroller and the City Treasurer are authorized and directed to make the following transfer of funds for the year 2012. This transfer will leave sufficient unencumbered appropriations to meet all liabilities that have been or may be incurred during the year 2012 payable from such appropriations: FROM:
Code
Purpose Fund Department Account Amount
Personnel Services 355 15/2155 0000 $ 38,470.00
TO:
Purpose Contingencies
Code
Fund Department 355 15/2155
Account Amount 0700 $ 38,470.00
SECTION 2: The sole purpose of this transfer of funds is to provide funds to meet the necessary obligations in the City Council, Committee on Special Events, Cultural Affairs and Recreation during the year 2012.
SECTION 3: This ordinance shall be in full force and effect from and after its passage.
CHICAGO, October 3, 2012
To the President and Members of the City Council:
Your Committee on the Budget and Government Operations, having had under consideration an Ordinance authorizing a Transfer of Funds within the City Council Committee on Special Events, Cultural Affairs and Recreation, and having had the same under advisement, begs leave to report and recommend that Your Honorable Body pass the Ordinance transmitted herewith.
This recommendation was concurred in by a viva voce vote ofthe members of the Committee.
Carrie M. Austin Chairman