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HomeMy WebLinkAboutCity Council Resolution 2000-179CITY OF PLYMOUTH RESOLUTION NO. 2000-179 TRANSFERRING FUNDS FROM GENERAL FUND TO OPTICON SEMAPHORE CONTROLLER RESERVE WHEREAS, funds are required to assist with financing of additional Opticon Semaphore Controllers; and WHEREAS, the General Fund has funds available to assist with the financing of additional Opticon Semaphore Controllers; and WHEREAS, the City Council reviewed the recommendation from the Finance Director to transfer $150,000 from the General Fund to the Opticon Semaphore Controller 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 $150,000 from the General Fund to the Opticon Semaphore Controller Reserve. Further 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.