HomeMy WebLinkAboutCouncil Resolution 518RESOLUTION N0. 518
A RESOLUTION TRANSFERRING APPROPRIATIONS
FOR FISCAL YEAR 1988-89
WHEREAS, ORS 294.450(1) authorizes transfers of appropriations
within a given fund when authorized by official resolution of the
City Council, provided that said resolution. shall state the need
for the transfer, the purpose for the authorized expenditure and
the amount of the appropriation transferred; and
WHEREAS, unanticipated elevator repair expenses have
necessitated increased Materials and Services Expenditures for
the General Fund, Administration Department; and.
WHEREAS, the City Council of the City of Central Point,
Oregon, has determined that it is necessary in order to make said
payments to increase the appropriation of Materials and Services
over the amounts originally estimated for the Administration
Department; now, therefore,
BE IT RESOLVED BY THE CITY OF CENTRAL POINT, that General. Fund
appropriations for the fiscal year beginning July 1, 1988 be
transferred as follows:
Transferred From
General Fund
Contingency
RESOLUTION NO.
(APPROP.RES -
Transferred. To Amount
General Fund
Administrative Dept.
Materials & Services $8,020.00
518 - 1
030789)
Passed by the Council and signed by me in authentication of
its passage this 20th day of April , 1989.
Mayor
ATTEST:
u~
Designated ity 0 ficer
APPROVED by me this 20th day of April , 1989.
Cl
Mayo
RESOLUTION N0. 518 - 2
(APPROP.RES - 030789)