HomeMy WebLinkAboutCity Council Resolution 2003-120CITY OF PLYMOUTH
RESOLUTION NO. 2003-120
TRANSFERRING FUNDS FROM GENERAL FUND TO TELEPHONE
RESERVE
WHEREAS, funds are required to assist with the financing of a new telephone system;
and
WHEREAS, the General Fund has funds available to assist with the financing of the
telephone system; and
WHEREAS, the City Council reviewed the recommendation from the Finance Director
to transfer $100,000 from the General Fund to the telephone reserve.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF PLYMOUTH, MINNESOTA, that the Finance Director is hereby
directed to transfer $100,000 from the General Fund to the telephone reserve. Further
that the transfer is to be made effective December 31, 2002 for the 2002 accounting year.
Adopted by the City Council on March 11, 2003.