HomeMy WebLinkAboutCity Council Resolution 1998-161CITY OF PLYMOUTH
RESOLUTION NO. 98-161
TRANSFERRING FUNDS FROM GENERAL FUND TO PARK REPLACEMENT FUND
WHEREAS, fiinds are required to finance the fiiture repairs and replacement of Park Trails and
Park Facilities; and
WHEREAS, the General Fund has fiinds available to assist with the financing of these project
costs; and
WHEREAS, the City Council reviewed the recommendation from the Finance Director to
transfer $190,000 from the General Fund to the Park Replacement 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
$190,000 from the General Fund to the Park Replacement Fund No. 406 to provide financing for
the repairs and replacement of Park Trails and Facilities. Further be it resolved, that the transfer
is to be made effective December 31, 1997 for the 1997 accounting year.
Adopted by the City Council on March 4, 1998.