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HomeMy WebLinkAboutRESOLUTION NO. 2008-37 - TRANSFER OF GENERAL FUND MONEY TO GENERAL MAINTENANCE FUND & NATURE TRAIL FUND RESOLUTION NO, 2008-37' A RESOLUTION AUTHORIZING THE TRANSFER OF GENERAL FUND MONEY TO GENERAL MAINTENANCE FUND & THE NATURE TRAIL PROJECT FUND WHEREAS, It is the desire of the Fairfax City Council to set aside Capital Improvement Funds within every fiscal year for future maintenance improvements and for the Nature Trail Project.. THEREFORE, BE IT ENACTED by the City Council of the City of Fairfax, Iowa: Section I. Transfer from the General Fund to the Certificate of Deposit - General Maintenance Fund as follows: a. Transfer Order: $6,000.00 Purpose: Future maintenance improvements Section 2. Transfer from the General Fund to a new Certificate of Deposit - Nature Trail Project Fund as follows: a. Transfer Order: $25,000.00 Purpose: Future Nature Trail Project 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 28th day of May, 2008. AYES: Magers, Rabe, Wainwright NAYS: None ABSENT: Beer, Frieden Bill Voss,Mayor ATTEST: 6 Vickie Kindl, City Clerk