1407RECITALS:
RESOLUTION NO.1407
A RESOLUTION AUTHORIZING AN INTER-FUND LOAN
1.The Street Repair Fund 119 is a special fund within the budget and ac
count reporting system of the City of Moses Lake.
2.The present cash balance in this is not sufficient to meet the claims on
this fund which are being approved for payment at this meeting.
RESOLVED:
1.The General Fund shall loan $75,000 to the Street Repair Fund,#119.
2.The loaned funds shall be used to pay current bills of Fund 119.
3.The loan shall be repaid to the General Fund from grant proceeds which
accrue to Fund #119.
Adopted by the City Council on September 27,1988
ATTEST,:
Finance Director