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HomeMy WebLinkAboutCity Council Resolution 2006-111CITY OF PLYMOUTH RESOLUTION NO. 2006-111 APPROVING TRANSFER OF FUNDS FROM GENERAL FUND TO STREET RECONSTRUCTION FUND WHEREAS, fiends are required to finance the fiiture street reconstruction projects; and WHEREAS, the General Fund has fiends available to assist with the financing of these projects; and WHEREAS, the City Council has reviewed the recommendation of the Finance Director to transfer $292,000 from the General Fund to the Street Reconstruction Fund. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the Finance Director is authorized to transfer $292,000 from the General Fund to the Street Reconstruction Fund. Further be it resolved, that the transfer is to be made effective December 31, 2005 for the 2005 accounting year. Adopted by the City Council on March 14, 2006.