HomeMy WebLinkAboutCity Council Resolution 1996-148CITY OF PLYMOUTH
RESOLUTION NO. 96. 148
TRANSFERRING FUNDS FROM GENERAL FUND TO FACIIITIFS MANAGEMENT
FUND
WHEREAS, funds are required to repair and replace the City's facilities; and
WHEREAS, the General Fund has funds available to assist with replenishing the reserve for
public facilities; and
WHEREAS, the City Council reviewed the recommendation from the Finance Director to
transfer $450,000 from the General Fund to the Facilities Management Fund;
NOW, THEREFORE, HE IT HERF.B►Y RESOLVED RY THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, MINNESOTA, that the Finance Director is hereby directed to
transfer $450,000 from the General Fund to the Facilities Management Fund to assist with
future requirements. Further, that the transfer is to be made effective December 31, 1995 for
the 1995 accounting year.
Adopted by the City Council on March 6, 1996.