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HomeMy WebLinkAboutRESOLUTION NO. 2008-55 - TRANSFER OF LOST SAVINGS & TRANSPORTATION CD TO GENERAL FUND RESOLUTION NO. 2008-55 A RESOLUTION AUTIIORIZING THE TRANSFER OF LOCAL OPTION SALES TAX SAVINGS FUNDS & TRANSPORTATION CERTIFICATE OF DEPOSIT TO THE GENERAL FUND—STREET MAINTENANCE 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, as follows: a. Transfer Order: $76,704.64 from 2004-2005 LOST Street Improvement Savings Fund to the General Fund. Purpose: Street Maintenance b. Transfer Order: $12,469.14 from 2004-2005 LOST Property Tax Relief Savings Fund to the General Fund. Purpose: Street Maintenance c. Transfer Order 69,047.38 from Transportation Certificate of Deposit #60007228 Fund to the General Fund. Purpose: Street Maintenance d. Transfer Order: $6,429.30 from UPRR Fund to General Fund. Purpose: Street Maintenance. 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 11`x' day of November, 2008. AYES: Beer, Frieden, Magers,Rabe, Wainwright NAYS: None ABSENT: None Bill Voss, Mayor ATTEST: i))�D Vickie indl, City Clerk