HomeMy WebLinkAboutRESOLUTION NO. 02-12-10-2 (002) RESOLUTION
TRANSFER OF FUNDS
The following is a transfer approved by the City Council of Fairfax,Iowa,to be transferred.
FROM: TO:
TIF FUND $184,218.64 DEBT SERVICE FUND $184,218.64
DEBT SERVICE FUND $218,258.03 CAPITAL PROTECTS FUND$218,258.03
Bond proceeds that were misappropriated.
PASSED AND APPROVED TFIIS DAY OF, - ,2002.
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NAY: NwL
ABSENT:
Marianne Wainwright
Mayor Pro-tem
ATTEST:
Mary bbhq City Clerk
$450,000 Bond Proceeds as of November 30,2002
€lpfront Bond Expenses
8,968.55 Total Spent as of 11/30102
Mayberry Electric
3,592.00 Beginning Balance
3,592.00 Total Spent as of 11130/02
-0- Ending Balance
Hall&Hall Project#6780
77,983.00 Beginning Balance
52,105.73 Total Spent as of 11/30./02
25,877.27 Ending Balance
Amending TIF District
1,500.00 Beginning Balance
1,741.15 Total Spent as of 11/30/02
-241.15 Ending Balance
Water Main Rcconstzuction
143,280.00 Beginning Balance
137,520.50 Total Spent as of 11/30/02
5,759.50 Ending Balance
Iron Filtration Plant
210,500.00 Beginning Balance
26,391.71 Total Spent as of 1,1/30/02
184,108.29 Ending Balance
Unspent Proceeds
2,512.97 Ending Balance
Capital Projects
$450,000 Bond$2512.97
Hall&Hall Project$25877.27
Water Main Reconstruction$5759..50
Iron Filtration Plant$184108.29'
Total in Capital Projects$218,258.03