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HomeMy WebLinkAboutCity Council Resolution 2012-159CITY OF PLYMOUTH RESOLUTION No. 2012-159 APPROVING TRANSFER OF FUNDS FROM THE GENERAL FUND TO OTHER FUNDS WHEREAS, the City Council has reviewed the unaudited financial report for 2011 and received a recommendation for transfers from the General Fund to other fiends. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the Finance Manager is authorized to transfer $2,545,765 from the General Fund to the Street Reconstruction Fund. BE IT FURTHER RESOLVED, that the transfer is to be made effective December 31, 2011, for the 2011 accounting year. Adopted by the City Council on May 22, 2012.