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HomeMy WebLinkAboutCity Council Resolution 1999-146CITY OF PLYMOUTH RESOLUTION NO. 99-146 TRANSFERRING FUNDS FROM GENERAL FUND TO INFORMATION TECHNOLOGY RESERVE WHEREAS, funds are required to assist with future financing of Information Technology upgrades; and WHEREAS, the General Fund has funds available to assist with the financing of the upgrades; and WHEREAS, the City Council reviewed the recommendation from the Finance Director to transfer $100,000 from the General Fund to the Information Technology Reserve; 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 $100,000 from the General Fund to the Information Technology Reserve. 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.