2076RESOLUTION NO.2076
A RESOLUTION AUTHORIZING AN INTER-FUND LOAN TO THE PARK
&RECREATION IMPROVEMENT FUND 314 FROM THE SANITATION
FUND 490.
RECITALS:
1. The Park &Recreation Improvement Fund will receive funds at a laterdate.
i ,2. The present cash balance is not sufficient to meet the present and projected needs of the fund.
RESOLVED:
1. The Sanitation Fund 490 shall loan $700,000 to the Park&Recreation Improvement Fund 314.
2. The loan shall be repaid to the Sanitation Fund 490.
Adopted by the City Council on November 10,1997.
ATTEST:
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Finance .Director
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