Number
010297
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing a $500,000 appropriation from the Common Council Contingent Fund to the Damages & Claims Fund. (City Attorney)
Analysis
This resolution authorizes a $500,000 appropriation from the Common Council Contingent Fund to the Damages & Claims Fund to cover an anticipated shortage in the Damages & Claims Fund.
Body
Whereas, The Damages & Claims Fund is nearly depleted and additional funding is necessary to pay recently settled cases and anticipated settlements and judgments; and
Whereas, Budgeted funds were insufficient due to some large settlements and judgments; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the sum of $500,000 be and hereby is appropriated from the Common Council Contingent Fund 0001-9990-0001-C001-006300 to the Damages & Claims Fund 0001-1490-636505-2631-S118 and; be it
Further Resolved, That the proper City officers be and hereby are authorized to make whatever transfers are necessary or appropriate to carry out the provisions of this resolution.
Requester
CITY ATTORNEY
Drafter
GFL:bw
6/13/01
#41993