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HomeMy WebLinkAboutRESOLUTION NO. 2023-36RESOLUTION NO. 2023-36 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS WHEREAS, the city clerk/treasurer has submitted the following transfer needed. Section 1. Water Fund to Water Debt Service Fund: a. Transfer Order: $100,750 from the Water Fund checking account to the Water Debt Service Fund checking account, per FY23 budget amendment for debt obligations. Section 3. Total transfers by fund: a. Water Fund to Water Debt Service Fund: Total of Transfers Needed: 100,750.00 $100,750.00 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that the city clerk/treasurer is directed to make this recommended transfer. BE IT FURTHER RESOLVED, that the Mayor Pro Tempore and City Clerk/Treasurer are hereby authorized and directed to execute said resolution. Passed and approved this 21 st day of March, 2023. AYES: Nurre, Daly, Pacha, Volk, and Wainwright NAYS: None AT ST: ,�(,�`� 1 U Cy ia K. Stimson, City Clerk/Treasurer � f Marianne Wain ight, Mayor Pro Tempore a�i•. . ,� ; �y � v�'t