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RESOLUTION NO.2124
A RESOLUTION AUTHORIZING AN INTER-FUND LOAN TO THE
STREET IMPROVEMENT FUND 309 FROM THE SANITATION FUND
490
RECITALS:
1. The Street Improvement Fund will receive funds from the TIB Grant at a later date.
2. The presentcash balance is not sufficient to meet the presentand projected needs of the fund.
RESOLVED:
1.The Sanitation Fund 490 shall loan $370,000 to the Street Improvement Fund 309.
2.The loan shall be repaid to the Sanitation Fund 490.
Adopted by the City Council on August 11, 1998.
Mayor