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HomeMy Public PortalAboutResolution #2012-19, A Resolution Transferring Monies From The Road Use Checkbook Fund To The General Checkbook Fund To Reimburse The General Fund For Monies Spent On Raod Related Items RESOLUTION#2012- 19 A RESOLUTION TRANSFERRING MONIES FROM THE ROAD USE CHECKBOOK FUND TO THE GENERAL CHECKBOOK FUND TO REIMBURSE THE GENERAL FUND FOR MONIES SPENT ON ROAD RELATED ITEMS. WHEREAS,the City Council of the City of Riverdale understands that State of Iowa provided Road Use Fund (RUF) monies do not cover the entire cost of road related items; WHEREAS,the City Council of the City of Riverdale understands that the cost of road related items are paid through both the General Checkbook Fund and the Road Use Checkbook Fund; WHEREAS,the City Council of the City of Riverdale understands that some road related items that should have been paid through the Road Use Checkbook Fund were actually paid through the General Check book Fund; NOW,THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that the amount of$103,140 shall be moved from the Road Use Checkbook Fund to the General Checkbook Fund, to reimburse General Check book Fund for road related items. PASSED, APPROVED AND ADOPTED THIS 18 December 2012, by the following vote: Ayes: Channon, Paddock Nays: 0 Littrel, Halsey Absent: Hupp J. Fra in, Mayor ATTEST: C)aLuk Paula McIntosh, City Clerk