HomeMy WebLinkAboutRESOLUTION NO. 2018-10 RESOLUTION NO. 2018-10
A RESOLUTION AUTHORIZING TRANSFERS
WHEREAS, the City of Fairfax has bonded for projects; and
WHEREAS, some of the projects have been completed under budget and others over
budget; and
WHEREAS,the city clerk/treasurer has presented the following list of the transfers needed
to distribute unassigned bond funds and other general fund money.
Section 1. Water System Projects as follows:
a. Transfer Order: $11,764.82 from the 2017 Water Main Extension Project to
the Wells Project, both in the 955,000 Bond Funds in the Water Fund
b. Transfer Order: $36,950.19 from the 955,000 Bond Funds in the 2017 Water
Main Extension Project to the Water Systems Improvement Project,both in the
Water Fund.
c. Transfer Order: $226.86 from the 955,000 Bond Funds in the 2017 Water
Main Extension Project to the 2017 Water Study Project, both in the Water
Fund.
d. Transfer Order: $15,031.32 from the 955,000 bond funds in the Debt Service
Fund to the 2017 Water Study Project in the Water Fund.
e. Transfer Order: $1,473.81 from the 955,000 bond funds in the Water Study
Project in the Water Fund to the Water System Improvements Project, in the
Water Fund
Section 2. Sewer System Projects as follows:
a. Transfer Order: $24,064.64 from the 2,080,000 Bond Funds in the Water
System Improvements Project in the Water Fund to the 2,080,000 Bond Funds
in the Sewer System Improvements Project, in the Sewer Fund
b. Transfer Order: $1,473.81 from the 2,080,000 bond funds in the Water
System Improvements in the Water Fund to the Sewer Main Extension North
Project, in the Sewer Fund
Section 3. Siren Project as follows:
a. Transfer Order: $370.00 from the 2,080,000 Bond Funds in the Water System
Improvements Project in the Water Fund to the General Fund for the Siren
Project
Section 4. Development Planning as follows:
a. Transfer Order: $37,618.48 from the General Fund to Development Planning
also in the General Fund
Section 4. Dog Park Project as follows:
a. Transfer Order: $20,000 from the Farm Operations Fund checking account
to Parks savings account in the General Fund
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax,
Iowa, that the city clerk/treasurer is directed to make all listed entries.
BE IT FURTHER RESOLVED, that the Mayor and City Clerk/Treasurer are hereby
authorized and directed to execute said resolution.
Passed and approved this 13t" day of February, 2018.
AYES: Otto, Daly, Kell, Volk, and Wainwright
NAYS: None
Burnell G. Frieden, Mayor
ATTEST:
t,41)VY A/ ( Nil)
Cynt 'a K. Stimson, City Clerk/Treasurer
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