Subject: 9529/Appropriation/New Paideia School-Elbert Long School Building
Date: Fri, 17 Nov 1989 08:45:00 -0500


                             ORDINANCE NO.           
                   
                   
                   AN ORDINANCE AUTHORIZING THE APPROPRIATION 
                   OF SIX HUNDRED SEVENTY-SEVEN THOUSAND TWO 
                   HUNDRED FIFTY AND NO/100 DOLLARS 
                   ($677,250.00) FROM THE FUND BALANCE OF THE 
                   GENERAL FUND AS A ONE TIME CAPITAL OUTLAY 
                   EXPENSE FOR ESTABLISHING A NEW PAIDEIA 
                   SCHOOL AT THE ELBERT LONG SCHOOL BUILDING, 
                   WHICH FUNDS ARE TO BE TRANSFERRED PURSUANT 
                   TO A DRAW-DOWN SCHEDULE TO BE SUBMITTED BY 
                   THE DEPARTMENT OF EDUCATION.
                   
                   
                                                     
                   
                   
       	    	 SECTION 1.  BE IT ORDAINED BY THE CITY COUNCIL OF THE 
       CITY OF CHATTANOOGA, TENNESSEE, that there be and is hereby 
       authorized the appropriation of $677,250.00 from the fund balance 
       of the General Fund as a one (1) time capital outlay expense for 
       establishing a new Paideia School at the Elbert Long School 
       building, which funds are to be transferred pursuant to a 
       draw-down schedule to be submitted by the Department of Education.
       	    	 SECTION 2.  BE IT FURTHER ORDAINED that this Ordinance 
       shall take effect two (2) weeks from and after its passage as 
       provided by law.
       
       PASSED on Third and Final
       Reading ________ ___, 1991.   ____________________________________
       	    	      	   	     	         CHAIRPERSON
       
       
       	    	      	   	     APPROVED:_______ DISAPPROVED:_______
       
       	    	      	   	     DATE:_________________ ______, 1991.
       
       
       	    	      	   	     ____________________________________
       	    	      	   	     	             MAYOR
       RLN:cjc