1432u u
RESOLUTION NO.1432
A RESOLUTION AUTHORIZING AN INTER-FUND LOAN
RECITALS:
reporting system of the City of Moses Lake.
2.The present cash balance is not sufficient to meet the expenses of thisaccount,which is adivision of 1985 Revenue Bond Account^eo!
RESOLVED:
1.
2.
3's^ssmen?bond^rnrppSc1^-0,^6 Water/Se^r Fund's Account #410 from assessmentbondproceedswhichaccruetoFund#461.
Adopted by the City Council on December 27,1988.
s/R.Wayne Rimple
ATTEST:Mayor "
s/Walter Fry
Finance Director
The Water/Sewer Fund's Account #410 shall loan $100,000 to the UL ID#3 Account,#461,at an interest rate of 8.5%per annum.
JJ^loaned funds shall be used to pay current and future bills of Account