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HomeMy WebLinkAboutCity Council Resolution 2003-122CITY OF PLYMOUTH RESOLUTION NO. 2003-122 TRANSFERRING FUNDS FROM GENERAL FUND TO COMPREHENSIVE PLAN UPDATE RESERVE WHEREAS, funds are required to assist with financing the Comprehensive Plan Update; and WHEREAS, the General Fund has funds available to assist with the financing of the update; and WHEREAS, the City Council reviewed the recommendation from the Finance Director to transfer $100,000 from the General Fund to the Comprehensive Plan Update 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 Comprehensive Plan Update 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.