463I
U
RESOLUTION No.463
WHEREAS,commencing November 1,1967,Section 8 and Section 9of
Ordinance No.573 requires the City to transfer monies into the 1967 Water Sewer
Revenue Bond Reserve Fund,and
WHEREAS,the total amcaunt required for the 1968 budget year amounts to $3,300.00
1 j for the 1967 Water Sewer Revenue Bond Reserve Fund,and
WHEREAS,this amount was required by Ordinance No.573 after the adoption of
the 1968 Budget and could not have been anticipated at the time of adoption of the
1968 Budget,and
WHEREAS,there is an excess appropriation within the Capital Outlay Classification
of the Water Sewer Funds Budget,
NOW,THEREFORE,BE IT RESOLVED:That the sum of $3,300.00 be transferred
within the 1967 Water Sewer Budget as follows:
From lb Amount
715.220 Capital Outlay Not Specified 715.304 Reserve Transfer $3,300.00
Capital Outlay 1967 Bonds
Interest and Debt
Redemption
PASSED by the City Council and APPROVED by its Mayor this ;23fd Day of July,1968
ATTEST:^^
///Mayor
City Clerk
APPROVED AS TO FORM:
Qtfy Attorney