90-42 - 07-10 Authorize Portion of the General Fund BalanceResolution 90-42
July 10, 1990
0 Member Thompson introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE DESIGNATION OF A PORTION
OF THE GENERAL FUND FUND BALANCE
BE IT RESOLVED, by the City Council to designate $3,287,688 of the
General Fund Fund Balance for the working capital needs of the General Fund to
be effective retroactively to December 31, 1989.
Aa
Miry E. tp
erson, Mayor
ATTEST:
The motion for the adoption of the foregoing resolution was seconded by Member
Johnson, and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson; and the following
voted against the same: none; whereupon said resolution was declared duly passed
41 and adopted, signed by the Mayor and her signature attested by the City Clerk.
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