HomeMy WebLinkAboutRESOLUTION NO. 2007-09 RESOLUTION NO. ZJ1D1
A RESOLUTION AU"T"HORIZING THE TRANSFER OF LOCAL OPTION
SALES TAX FUNDS FROM THE SPECIAL REVENUE FUND TO THE LOCAL
OPTION SALES TAX SAVINGS ACCOUNTS
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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, BE IT ENACTED by the City Council of'the City of Fairfax, Iowa:
Section 1. Transfer from the 2004-2005 LOST Special Revenue Fund as follows:
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a. Transfer Order: ; 3,612.52 from the 2004-2005 (LOST Special Revenue
Fund to the 2004-2005 Local Option— Sewer Improvemennts Savings Account.
Purpose: Disbursement to separate fund
b. Transfer Order: $3,612.52 from the 2004-2005 LOST Special Revenue
Fund to the 2004-2005 Local Option— Street Improvements Savings Account,
Purpose: Disbursement to separate fund
c. Transfer Order: $1,806.27 from the 2004-2005 LOST Special Revenue
Fund to the 2004-2005 Local Option — Any Lawful Purpose of the City
Savings Account, Purpose: Disbursement to separate fund
NOW, THEREFORE, DE IT RESOLVED, By the City Council of the City of
Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to
execute said Resolution.
Passed and approved this _day of I' , 2007.
AYES: ABIW yt
NAYS; D
ABSENT: ���
Bill Foss, Mayor
ATTEST:
Nancy F 'ckinger, Acting City Clerk
The foregoing Resolution No. _joD m having been approved this date by the
Fairfax City Council, I hereby approve the same by affixing my signature as City Clerk-
on
lerkon this day of �.ARIAACO , 2007.
Nancy F kckinger, lWing City Clerk