1813_
RECITALS:
RESOLUTION NO.1813
A RESOLUTION AUTHORIZING AN INTER-FUND LOAN TO THE WA
TER/SEWER CONSTRUCTION FUND 477 FROM THE WATER/SEWER
OPERATING FUND 410
1.Water/Sewer Construction Fund is an account within the Water/Sewer Fund and will receive grant
and/or loan funds at a later date.
2.The present cash balance is not sufficient to meet the expenses of this fund.
RESOLVED:
1.The Water/Sewer Operating Fund #410 shall loan $135,000 to the Wateer/Sewer Construction
Fund #477.
2.The loaned funds shall be used to pay bills payable from the Water/Swer Construction Fund.
3.The loan shall be repaid to the Water/Sewer Operating Fund #410 from revenues which accrue
to the Water/Sewer Construction Fund #477.
Adopted by the City Council on March 22,1994.
ATTEST:
Finance Director