HomeMy WebLinkAboutR-0716 - Creating a construction fund and providing for the transfer of monies theretoRESOWTION NO.7,/6
A resQ.lut ion of the Ci ty of Harysv iL Le crea ting a cons i ruc t ion
fund and providing for the transfer of mon.ies thereto.
JHEREAS the City of Marysville has budgeted for the year
196¢o an expenditure of iJ45,OOO.OO from the .later and Sewer
Revenue Fund for the purpose Of construct ing a ,later and Sewer
Department Building,and
.IHERiAS contracts have been awarded for the construction of
said bui~ding and payments have been made in connection tnerewith,
and
,'IHEREAS the Office of the State Auditor requires tnat an
costs of construct ion of capi ta l improvements to the water and
sewer system sha~~be paid from a special construction account.
NO;;THi:Rt..'FCRi:,the City Council of the City of flfarjsvine
do hereby resolve that the sum of 545,000.00 shal~be transferred
from the ,"ater and Sewer Revenue Fund to the 'fater-Sewer
Constr~ction Fund;that the bUildLng construction project shall
be ident i f i ed as Construct ion Project Number 105;t nat the «at er
and Sewer Revenue Furia sha ~~then be r e imbur sea from sa·id
Construction Fund Number 105 for the expenditures alreauy made
for the project and that al~further expenditures for said
~roject sha~~be made from the fund hereby established.
Dated this ~day of tZf~444ht?,1965.J .
PASSeD BY TH",'CITY COUNCIL OF }{ARY,,'VILL£'
BY:-
ATTEST:
. Nayo'r
City CLerk
APPROVED BY:;'\
~(lZtt£,,;Ie:l2/kLi4 M q'/a l t e r ~'.Duncan
City Attorney
1229 State Avenue