#087 10-07-69 Approve Closing Poor FundResolution No. 87 October 7, 1969
Member Bies introduced the following resolution and MOVED its adoption:
RESOLUTION CLOSING POOR FUND
WHEREAS, The Village of Golden Valley has maintained a
separate fund for boor relief costs, and
WHEREAS, Maintenance of a separate fund for this purpose
is not required, either by statute or by good management practice, NOW
THEREFORE,
BE IT RESOLVED, by the Village Council of the Village of
Golden Valley, Minnesota, that the Poor Fund, as maintained on the books
and record6 of the Village be discontinued at the close of the fiscal
year 1969, and that thereafter provision is to be made within the General
Fund Budget for Poor Relief costs and the tax levy therefore, and
BE IT FURTHER RESOLVED, that the Village Treasurer is here-
by authorized and instructed to transfer to the General Fund any assets
and liabilities of the Poor Fund at the close of the fiscal year 1969.
Cliff Teresi, Mayor
ATTEST:
Helen Penniman, Viige er
The motion for the adoption of the foregoing resolution was duly seconded
by Member Garis, and upon vote being taken thereon, the following voted
in favor thereof: Bies, Garis, Jensen, Stockman, and Teresi; and the
following voted against the same: None, whereupon said resolution was
declared duly passed and adopted, signed by the Mayor, and his signature
attested by the Village Clerk.
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