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STAT=ORY CnTES <br />counicil may Ia t any time by resollution, approved by a four-fifths vote of all the <br />members of the council reduce the sums iapprolpriated, for any purpose by the <br />budget resolution or authorl*ze the transfer of sums from unencumbered <br />balances of appropn*ations in the budget resolution to, other purposes. <br />Laws 19497 IC . 119j § 890 eff. July 1,, 1949. , Amended, by Laws, 1953,, c. 735, § 10- Laws <br />1,9,7 , c. 33,7, 13, eff. M,arch, 2191, 1974., <br />Mstorical Note <br />'ne 1953 , axnendatorl act added the word. The 1974 amendatory act substituted '*a four <br />#4 )11 r * <br />resiolludon" wherever it, appears in, this sec- fifths vote of'al,l the for "Four' in the second <br />tion. sentien,ce. <br />412,v741. Regulations relating to d1s burs ement of funds <br />,Notes 01i Decisions <br />I. Tmn-sfier of funds, <br />Village which operated under, Optional Plan, <br />"Bi", and which purchased clecu'city from eh=- <br />Lfic plower colmpiany, and did, its own distribut- <br />ing to ustomers, could trawfer surplus in <br />utility fund, 'into general fund so as to permit. <br />mere in budget expenditures. Op-Atry.Gea., <br />476-A-15j, Feb. 19* 1952. <br />412*751* F ergency deb t certificates <br />9F <br />