HomeMy WebLinkAboutR-0774 - Relating to transferring of funds from the acquisition fund to the golf course revenue fund and from the golf course revenue fund to the current expen1-..
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RESOLUTION NO.··77'1
A RESOLUTION OF THE CITY OF MARYSVILLE
RELATING TO TRANSFERRING OF FUNDS FROM
THE ACQUISITION FUND TO THE GOLF COURSE
REVENUE FUND AND FROM THE GOLF COURSE
REVENUE FUND TO THE CURRENT EXPENSE FUND
FOR REIMBURSEMENT OF EXPENSES INCURRED
IN THE PURCHASE OF CEDARCREST GOLF COURSE
WHEREAS,the City of Marysville incurred certain expenses
and obligations in the Current Expense Fund for the acquisition of
Cedar Crest Golf Course,and further there is extra money in the
acquisition fund which can be transferred to the Golf Course Revenue
Fund,
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF MARYSVILLE:
1.That the City Treasurer tr.ansfer $14,923.24,being
the balance in the Acquisition Fund,from the said Cedarcrest Golf
Course Acquisition Fund to the Cedarcrest Golf Course Revenue Fund.
2.That the City Treasurer transfer $3,442.30 from the
Golf Course Revenue Fund to the Current Expense Fund to reimburse
said Current Expense Fund.for expenditures of engineering in the
sum of $492.30,and appraisal in the sum of $2,950,00 incurred with
regard to the purchase of Cedarcrest Golf Course,
ADOPTED b~~the City Council of the City of Marysville
this I fl day of !J!..La,.,y{.y/,1971.
THE CITY OF MARYSVILLE
By Ua7LJ,a))«'-*a.£,
Mayor
ATTEST:
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