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ORDINANCE NO. 5-2021 <br />ORDINANCE OF MOORESVILLE TOWN COUNCIL APPROPRIATING <br />UNOBLIGATED LOCAL INCOME TAX REVENUES ON DEPOSIT IN THE <br />GENERAL FUND FOR THE 200TH ANNIVERSARY COMMITTEE <br />WHEREAS, the Town of Mooresville (the "Town') is a municipality organized <br />and existing entity under the provisions of Ind. Code 36-5-1; <br />WHEREAS, the Council President (the "Executive") is the Executive of the Town; <br />WHEREAS, the Mooresville Town Council (the "Council") is the fiscal body of the <br />Town; <br />WHEREAS, the Council did not include the appropriation of Five Thousand Eight <br />Hundred Dollars ($5,800.00) of otherwise unobligated local income tax proceeds on <br />deposit in the Town's General Fund in the duly approved municipal budget for the <br />year 2021; <br />WHEREAS, a Councilmember has recommended that the Council appropriate <br />Five Thousand Eight Hundred Dollars ($5,800.00) of unobligated local income tax <br />proceeds on deposit in the towns General Fund for the benefit of providing a charitable <br />contribution to the Town's 2001E Anniversary Committee for use in the Town's <br />bicentennial celebration; <br />WHEREAS, the additional appropriation of such unobligated funds will not <br />increase the Town's tax levy set in accordance with Ind. Code 6-1.1-17; <br />WHEREAS, the Town h as caused notice of a hearing on said appropriation <br />to be published as required by law; and <br />WHEREAS, the public hearing was held on April 6, 2021, at 6:30 p.m., at <br />Mooresville Town Hall, Mooresville, Indiana, concerning said appropriation at which <br />time all taxpayers and interested persons had an opportunity to appear and express <br />their views as to such additional appropriation; <br />NOW, THEREFORE, BE IT RESOLVED BY THE MOORESVILLE TOWN <br />COUNCIL, AS FOLLOWS: <br />1. The expenditure of Five Thousand Eight Hundred Dollars ($5,800.00) of <br />unobligated local income tax revenues on deposit in the General Fund is hereby approved <br />and hereby appropriated by the Council for the purpose of providing funds to <br />providing a charitable contribution to the Town's 200t1i Anniversary Committee for use <br />29088873v1 <br />