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HomeMy WebLinkAboutCity Council Resolution 2000-176CITY OF PLYMOUTH RESOLUTION NO. 2000-176 TRANSFERRING FUNDS FROM GENERAL FUND TO PARK REPLACEMENT FUND WHEREAS, funds are required to finance the future repairs and replacement of Park Trails and Park Facilities; and WHEREAS, the General Fund has funds available to assist with the financing of these project costs; and WHEREAS, the City Council reviewed the recommendation from the Finance Director to transfer $200,000 from the General Fund to the Park Replacement Fund; 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 Park Replacement Fund No. 406 to provide financing for the repairs and replacement of Park Trails and Facilities. Further be it resolved, that the transfer is to be made effective December 31, 1999 for the 1999 accounting year. Adopted by the City Council on March 21, 2000.