HomeMy WebLinkAboutCouncil Resolution 1214RESOLUTION NO. ~_
A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE zoo8-og BUDGET
THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, HEREBY RESOLVES AS
FOLLOWS:
WHEREAS, the Mayor and City Council of the City of Central Point determine that it is
necessary to transfer budget appropriations; and,
WHEREAS, this re-appropriation enables the City to reimburse the Jackson Couhty Expo Park
for overpayment of water services; and,
WHEREAS, the City will delay the budgeted payoff of the Erickson Waterline debt service
principal in order that this reimbursement can be made within the zoo8log fiscal year period;
NOW THEREFORE, BE !T RESOLVED BY THE GTY COUNCIL OF THE CITY OF CENTRAL
POINT, OREGON, that for the purpose of complying with Oregon Budget Law a budget
transfer is hereby authorized as follows:
Water Fund
To: Water Fund -Operations; WateriSeweriStormwater S i4o,oo0
From: Water Fund -Debt Service; Bond Principal s irco,ooo
Passed 6y the Council and signed 6y me in authentication of its passage this ~~the day of
June, X009.
Hank Williams, Mayor
Approved 6y me, this ~ day of June, aoo9.
_~~_F~~3~v/w~1~cGG~' ,~
Hank Williams, Mayor