HomeMy WebLinkAboutResolution 70-277o- z7
R E S 0 L U T I O N
TRANSFERRING FUNDS INDERPARTMENTALLY.
BE IT HEREBY RESOLVED by the City Council of the City of
Columbia Heights that the City Treasurer be, and he is
hereby directed to transfer One-hundred and Sixty-five
thousand dollars ($165,0OO) from the General "Permanent
Improvement Revolving Fund" to the "H.U.D.~' Project No.
WS-MINN-65 (P.I.R. NO. 640) Permanent Improvement Revolving
Fund to be utilized as necessary for contract payments on
the city share of the water main project (WSSMINN-65).
BE IT FURTHER RESOLVED that the City Treasurer be directed
to deposit to the credit of the general Permanent Improvement
Revolving Fund the receipts from the bond sale of $165,OOO
which shall be completed on or before December~l, 1970.
Passed this 14th day of September, 1970.
Offered by: Jeska
Seconded by: Heintz
Roll Call:
All Ayes
,~S4L'reta~y to the ~ouncil