HomeMy WebLinkAboutCity Council Resolution 2001-125CITY OF PLYMOUTH
RESOLUTION NO. 2001-125
TRANSFERRING FUNDS FROM GENERAL FUND TO STREET RECONSTRUCTION
FUND
WHEREAS, fiinds are required to finance the fiiture street reconstruction projects; and
WHEREAS, the General Fund has fiends available to assist with the financing of these project
costs; and
WHEREAS, the City Council reviewed the recommendation from the Finance Director to
transfer $286,000 from the General Fund to the Street Reconstruction Fund;
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
$286,000 from the General Fund to the Street Reconstruction Fund No. 407 to provide financing
for the future street reconstruction project costs. Further be it resolved, that the transfer is to be
made effective December 31, 2000 for the 2000 accounting year.
Adopted by the City Council on March 20, 2001.