HomeMy WebLinkAboutCouncil Resolution 782RESOLUTION NO. z s z
A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN
FUNDS FOR FISCAL YEAR 1996-1997
Recitals
1. ORS 294.450 (1) authorizes transfers of appropriations within a given fund -when
authorized by official resolution of the City Council, providing that said resolution states the
need for the transfer, the purpose for the authorized expenditure, and the amount of the
appropriation transferred.
Now, therefore;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTRAL
POINT, OREGON, AS FOLLOWS:
Section 1. $57,000 shall be transferred from the General Fund, Non-operating
Department, Contingency Category, to the General Fund, Non-operating Department, Capital
Outlay, for the purpose of covering expenditures related to the purchase of property at 120 N.
1st. This purchase was an unusual opportunity to acquire property adjoining the city's Senior
Center. At the time the budget was formulated this property was not on the market.
Passed by the Council and signed by me in authentication of its passage this ~ day of
1997.
Mayor Rusty McGrath
ATTEST:
City Representative
Approved by me thisc~ ~' day of , 199°.
~a~~
Mayor Rusty McGrath
1 -RESOLUTION NO. 7 R 7(04 0 ~7)