HomeMy WebLinkAboutCity Council Resolution 1999-145CITY OF PLYMOUTH
RESOLUTION NO. 99-145
TRANSFERRING FUNDS FROM GENERAL FUND TO PUBLIC FACILITIES FUND
WHEREAS, funds are required to finance the future repairs and replacement of City Facilities;
and
WHEREAS, the General Fund has funds available to assist with financing of these expenditures;
and
WHEREAS, the City Council reviewed the recommendation from the Finance Director to
transfer $200,000 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 $200,000 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, 1998 for the 1998 accounting year.
Adopted by the City Council on March 16, 1999.