Loading...
HomeMy WebLinkAboutCity Council Resolution 1999-148CITY OF PLYMOUTH RESOLUTION NO. 99-148 TRANSFERRING FUNDS FROM GENERAL FUND TO YEAR 2000 CONTINGENCY RESERVE WHEREAS, funds are required to assist with financing of a Year 2000 Contingency Reserve; and WHEREAS, the General Fund has funds available to assist with the financing of the Year 2000 Contingency Reserve; and WHEREAS, the City Council reviewed the recommendation from the Finance Director to transfer $12,500 from the General Fund to the Year 2000 Contingency 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 $12,500 from the General Fund to the Year 2000 Contingency 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.