202RESOLUTION NO.2 02
WHEREAS,it has come to the attention of the City Council that
Item 616,entitled "Transfer to Water and Sewer",1950 bond,
principal and interest,under capital,general classification,
1959 budget,has an existing cash balance of $26,050.00 while only $
$24,000.00 is specified by ordinance,and
WHEREAS,Item 617,entitled "Transfer to Water and Sewer",1955
bond,principal and interest,under capital,general classification,
1959 budget,has a cash balance of $70,505.01 while only $60,885.00
is required by ordinance,
NOW,THEREFORE,BE IT RESOLVED that the sum of $2050.00 shall be
transferred from Item 616,entitled "Transfer to Water and Sewer"
1950 bond,principal and interest,under capital,general classi
fication of the 1959 budget,to Item 614,entitled "Capital
Improvements",under capital,general classification of the 1959
budget,and that the sum of $9,620.01 shall be transferred from
Item 617,entitled "Transfer to Water and Sewer,1959 bond,
principal and interest,under capital,general classification of
the 1959 budget to Item 614,entitled "Capital Improvements"under
capital,general classification of the 1959 budget.
PASSED by the City Council and APPROVED by its Mayor this 22nd day
of December,1959.
ATTEST
Mayor y
'^22^d^L^2L^afeateafa r.
City Clerk
APPROVED AS TO FORM
City Attorney