HomeMy WebLinkAboutR-0722 - Transferring excess fundsR £S 0 ~UTI 0 N #722-;.,....----
A reso lut i01lli.of the City of Ifarysu i tle tr ansferr ing excess junas;
#hereas,the Water and Sewer Reuenue Fund had a cash OalancQ of
829,500.42 as oJ Decemoer 31,1965 which is N4512.42 in excess
of the $24,988.00 anticipated as cash on hand for the 1966
OUd)}fl t,and
Whereas,said excess results principaLLy from not hauing constructeQ
certain extensions of the water distribution s~stem contemplated
in the 1965 budget,
Now tnereror«,13£IT R£Sv~VJ:;U that tne c ter«is directed to
tranSfer the sum of 34512.42 from the Nater and Sewer ~euenue
Fund to the water and Sewer Constructlon rund.
Adopted by the City Council of the CITY OF MARYSVILLE,this
28th day of February,1966.
J1fayro
Attest:
Approued as to form:
city Attorney
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