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Council approves transfer of matured bond funds to operations account
City of South Bend City Council · February 10, 2025
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Summary
Councilor Corcoran moved and the council approved transferring matured bond funds into the city operations account; the motion carried with a recorded vote of Ayes-5, Noes-Ø, Absent-Ø.
At the Feb. 10 meeting Councilor Corcoran moved to approve the transfer of matured bond funds into the operations account. The council voted to approve the transfer; the minutes record the tally as Ayes-5, Noes-Ø, Absent-Ø.
The transfer was treated as a routine financial housekeeping action recorded in the council minutes; the motion did not include a dollar amount or additional conditions in the public record. No public comment was recorded on the item.
