HomeMy WebLinkAboutCity Council Resolution 1998-178CITY OF PLYMOUTH
RESOLUTION NO. 98 - 178
TRANSFERRING FUNDS FROM GENERAL FUND TO BUILDING AND
EQUIPMENT REVOLVING FUND
SEMAPHORE CONTROLLER RESERVE
WHEREAS, fiends are required to finance the installation of Opticon Semaphore
Controllers; and
WHEREAS, the General Fund has fiends available to assist with financing of these
expenditures; and
WHEREAS, the City Council reviewed the recommendation from the Finance Director to
transfer $30,000 from the General Fund to the Building and Equipment Revolving 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 $30,000 from the General Fund to the Building and Equipment Revolving Fund
Opticon Semaphore Controller Reserve account. Further, that the transfer is to be made
effective December 31, 1997 for the 1997 accounting year.
Adopted by the City Council on March 18, 1998.
C Documents and Settnig,,esuigei Local Settnig, TempVC(R 1998-1-858614 CCR 1998-1-8 doe