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HomeMy WebLinkAboutCity Council Resolution 1994-807n CITY OF PLYMOUTH RESOLUTION NO. 94-807 TRANSFSRRM FUNDS FROM GENERAL FUND TO GENERAL DEBT SERVICE FUND WHKREASq toad: are required to pay the aonwl debt service requiremeats on the City's Roomal °mon debt; and WHEREASs the Goad Fund hu flmds available to assist with paying the 1995 and 1996 debt service requirements; Aad WHEREAS. the City Council reviewed the reoommeodation from the City Manager to transfer $652,000 from the General Fund to the General Debt Service Fund to assist with the annual tax levy. NOW. THEREFORE. BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH- MIIMMTA, that the Finaaoe Director is hereby directed to transfer $652,000 from the General Fund to the General Debt Service Fund to assist with the 1995 and 1996 debt service rapimments. Adopted by the City Council on December S, 1994 •