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HomeMy WebLinkAboutRESOLUTION NO. 2008-34 - TRANSFER OF LOST SAVINGS FUNDS TO GENERAL FUND RESOLUTION NO. 2008-34 A RESOLUTION AUTHORIZING THE TRANSFER OF LOCAL OPTION SALES TAX SAVINGS FUNDS TO THE GENERAL FUND BE IT ENACTED by the City Council of the City of Fairfax, Iowa: Section 1, Transfer from the 2004-2005 Local Option Sales Tax Savings Account, effective April 16, 2008, as follows: a. Transfer Order: ' 10,190.78 from the 2004-2005 LOST Street Improvement Savings Fund to the General Fund. Purpose: Backhoe lease b. Transfer Order: $95.20 from the 2004-2005 LOST Any Lawful Purpose Savings Fund to the General Fund. Purpose: Backhoe lease c. Transfer Order: $4,074.43 from the 2001-2002 Street Improvement Savings Fund to the General Fund. Purpose: Backhoe lease d. Transfer Order: $29,626.28 from the 2004-2005 LOST Street improvement Savings Fund to the General Fund. Purpose: Traffic signals at Hwy 151 and Stoney Point Rd IDOT Project STPN-151-3 (124) —2J-57 NOW, THEREFORE, BE 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 13th day of May, 2008. AYES: Beer, Frieden, Magers, Rabe, Wainwright NAYS: None ABSENT: None ATTEST: Bill Voss,Mayor Vickie Kindl, City Clerk