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HomeMy WebLinkAboutRESOLUTION NO. 2018-45 RESOLUTION NO. 2018-45 A RESOLUTION AUTHORIZING TRANSFERS WHEREAS, the City of Fairfax has bonded for projects; and WHEREAS,the city clerk/treasurer has presented the following list of the transfers needed to distribute unassigned bond funds as of June 30, 2018. Section 1. Water System and Sewer System Projects as follows: a. Transfer Order: $1,835.65 from the Water System Improvement Bond Funds to the Sewer System Improvement Bond Funds, taking each to a zero balance. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that the city clerk/treasurer is directed to make the listed entries as of June 30, 2018. BE IT FURTHER RESOLVED, that the Mayor and City Clerk/Treasurer are hereby authorized and directed to execute said resolution. Passed and approved this 10th day of July, 2018. AYES: Otto, Daly, Kell, Volk, and Wainwright NAYS: None Burnell G. Frieden, Mayor ATTEST: Cy, thia K. Stimson, City Clerk/Treasurer � ' 'T ma