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HomeMy WebLinkAboutCity Council Resolution 1989-095CITY OF PLYM UTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was held on the 6th day of February , 1989. The following members were present: Mayor Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk The following members were absent: None Councilmember Ricker introduced the following Resolution and moved its adoption: RESCUHICN N0. 89-95 APPROVING THE TRANSFER OF FUNS 51M THE (NERAL FUND TO THE PUBLIC FACILITIES FUND WHEREAS, the City of Plymouth has been planning for expansion and improvements to it's Public Facilities, and WHEREAS, additional funds are deemed necessary to finance these projects, and WHEREAS, the City has funds available within the General Fund, and WHEREAS, it is sound financial management to transfer the funds totaling $375,000 to the proper fund for accounting control purposes; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYM7tTI'H, MINNESOTA that the transfer in the amount of $375,000 be transferred from the General Fund to the Public Facilities Fund for the 1988 accounting year - The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Zitur and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Vasiliou, Ricker. Zitur and Sisk The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.