HomeMy WebLinkAboutCity Council Resolution 1998-162CITY OF PLYMOUTH
RESOLUTION NO. 98-162
TRANSFERRING FUNDS FROM GENERAL FUND TO PUBLIC FACILITIES FUND
WHEREAS, fiinds are required to finance the fiiture repairs and replacement of City Facilities;
and
WHEREAS, the General Fund has fiinds available to assist with financing of these expenditures;
and
WHEREAS, the City Council reviewed the recommendation from the Finance Director to
transfer $190,000 from the General Fund to the Public Facilities Fund to assist with these
expenditures;
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 Public Facilities Fund No. 607 to assist with financing of
future facilities repairs and replacement. Further, 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.