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HomeMy WebLinkAboutRESOLUTION NO. 2004-14 RESOLUTION NO. A RESOLUTION AUTHORIZING THE DEPUTY CLERK OF THE CITY OF FAIRFAX,IOWA, TO TRANSFER LOCAL OPTION SALES TAX FUNDS . FROM THE SPECIAL REVENUE FUND.TO.THE_..LOCAL._.OPTION-SALES TAX SPECIAL REVENUE SAVINGS ACCOUNT FUNDS WHEREAS, Resolution 03-03-17-1 stated the specific purposes for which the revenues shall otherwise be allocated are 40% sewer improvements, 40% street improvements and 20% any lawful purpose for 2004-2005 Local Option Sales Tax revenue; and WHEREAS, Said funds are to be deposited to the Special Revenue Fund and thence transferred to separate funds as allocated for the recording of receipts and disbursements; and THEREFORE BEITENACTED by the City Council of the City of Fairfax,Iowa: - - Section 1. Transfer from the 2004-2005 LOST Special Revenue Fund as follows: a. Transfer Order: $11,628.56 from the 2004-2005 LOST Special Revenue Fund to the 2004-2005 Local Option — Sewer Improvements Savings Account Fund. Purpose: Disbursement to separate fund b. Transfer Order: $11,628.56 from the 2004-2005 LOST Special Revenue Fund to the 2004-2005 Local Option — Street Improvements Savings Account Fund. Purpose: Disbursement to separate fund c. Transfer Order: $5,814.27 from the 2004-2005 LOST Special Revenue Fund to the 2004-2005 Local Option — Any Lawful Purpose of the City Savings Account Fund. Purpose: Disbursement to separate fund NOW THEREFORE RE IT RESOLVED, by the City Council of the City of Fairfax, Iowa that the Mayor and Deputy Clerk are herby authorized and directed to execute said Resolution. Passed and approved this day of �" , 2004. AYES: &2�72 NAYS: .� ABSENT: __ The foregoing Resolution ;o. ()q—I I_ having been approved this date by the C't Council, I hereby approve the same by affixing my signature as Mayor on this ...------day.of Clift , 2004. .......... ............ ... .............. .. Bill Voss, Mayor ATTEST: k vuw Ck&w".( Nancy F ckinger, eputy Clerk