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HomeMy Public PortalAboutResolution #2013-02, Identifying And Reaffirming Funds For The City Of Riverdale, Iowa RESOLUTION#2013-02 A RESOLUTION IDENTIFYING AND REAFFIRMING FUNDS FOR THE CITY OF RIVERDALE, IOWA WHEREAS, the Riverdale City Council has created a number of funds to manage, allocate, and plan for the City of Riverdale's ("Riverdale) spending; and WHEREAS, the Riverdale City Council identified funds to be held separately from Riverdale's General Fund by Resolution 2010-6, and WHEREAS, the Riverdale City Council wishes to identify and reaffirm the funds that presently are held by Riverdale and how those funds are allocated. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that the following funds are held by Riverdale separately from Riverdale's General Fund, in the following manners, and for the purposes described on the corresponding exhibits: NAME LEVEL OF MOST RECENT RESOLUTION OR AUTHORITY AUTHORITY CREATING FUND Public Measure B Fund Special Public Measure B, (related to fire trucks and Revenue See Exhibit A streets) Fund (Reserved) Road Fund Designated Exhibit B Truck Replacement & Designated Exhibit C Overhaul Fund Sewer Fund Enterprise Fund (Reserved) Road Use Fund Special Revenue Fund (Reserved) Capital Improvements Fund Designated Exhibit D Awards Fund Designated Exhibit E Riverdale Firefighter's Designated Exhibit F Support Fund Capital Projects Bond Fund Designated Debt Service Fund Designated Multi-use Trail Construction Designate Exhibit G and Maintenance Fund Multi-use Trail Donations Reserved Exhibit H Fund NOW, THEREFORE, BE IT FURTHER RESOLOVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that any other funds established by prior resolution that are not identified above are revoked and any balances in those funds are allocated to the General Fund; however, nothing in this resolution should be interpreted to revoke or replace or otherwise alter any sub-funds currently in existence, unless specifically identified above. PASSED, APPROVED AND ADOPTED THIS 5 of February , 2013 by the following vote: Ayes: Channon, Hupp, Halsey Nays: Absent: Paddock, Littrel (,(11'k- Amz„, ATTEST: Cr? John J. Fr. klin, Mayor Paula McIntosh RESOLUTION 2009-18: APPROVING A PUBLIC MEASURE FOR THE NOVEMBER 3,2009,BALLOT TO INCLUDE ADDITIONAL TAXATION LEVY FOR CERTAIN CAPITAL IMPROVEMENT PROJECTS WHEREAS, the City Council for the City of Riverdale, Iowa, desires to call for a vote at the November 3, 2009, election to establish a capital improvements reserve fund for the purpose of the purchase of new fire trucks, the funding of capital maintenance and re-equipping of existing fire trucks, and also for street repair, replacement, placement, and maintenance, and to levy a tax not to exceed sixty-seven and one-half cents per thousand dollars of taxable value for those purposes for a period not to exceed twenty years. Now,THEREFORE,BE IT RESOLVED,BY THE CITY COUNCIL OF THE CITY OF RIVERDALE,IowA,the county commissioner of elections of Scott County is hereby directed to give notice of, and submit to voters of the City of Riverdale, Iowa at the city election to be held November 3, 2009, the following proposition: "Shall the City Council of the City of Riverdale, Iowa establish a Capital Improvements Reserve Fund and levy taxes at a rate not to exceed sixty-seven and one-half cents per thousand dollars of taxable value each year, for a period not to exceed twenty years, commencing with the levy for the fiscal year 2010, payable in fiscal years ending June 30, 2011 through June 30, 2031, for the purpose of the purchase of new fire trucks, the funding of capital maintenance and re-equipping of existing fire trucks, and also for street repair, replacement,placement, and maintenance in the City of Riverdale, Iowa?" BE IT FURTHER RESOLVED,BY THE CITY COUNCIL OF THE CITY OF RIVERDALE,IOWA, if said propositions is approved by a majority of the electors who voted thereon, the City Council of the City of Riverdale, Iowa shall establish a Capital Improvement Reserve Fund for the specific purposes approved by the voters and levy taxes each year, unless such authority is later terminated by election, in the amount approved by the voters, which shall not exceed a total of sixty-seven and one-half cents per thousand dollars of taxable value for a period, and shall not exceed twenty years. Taxes so levied shall be deposited in the Capital Improvement Reserve Fund and shall be invested in interest bearing securities as may, now or hereafter be authorized by law until such time as said monies will be needed for the authorized purposes within the City of Riverdale, Iowa. Approved and adopted this 17th day of September, 2009. Ayes: pRou,<1;n 3 OrYI.A• ro■cl, Nays: Absent: 140,_\ !ate ec tr; K r.�.-� `� re Grins le, Mayor ATTEST: Cpet.l_acChl Paula McIntosh, City Clerk 74 RESOLUTION #2007-01 Resolution authorizing the establishment of a Road Fund. Whereas the City of Riverdale must maintain and replace road infrastructure over time, NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that a fund, named Road Fund, will be held within the assets of the City of Riverdale. PASSED, APPROVED AND ADOPTED THIS 16th DAY OF JANUARY 2007. Ayes: Nays: Franklin Ulrich Stickler Halsey Ve-14.4.42.Ldf/ uc /7 ioe/ Norma Wren, Mayor 41 ATTEST: Theresa Ralfs, City Cle RESOLUTION#2009-08 A RESOLUTION CREATING A FIRE DEPARTMENT TRUCK REPLACEMENT AND OVERHAUL FUND WHEREAS,the City of Riverdale must maintain and replace its fire trucks over time, including large maintenance items. NOW,THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE,IOWA, that a fund, named "Fire Department Truck Replacement and Overhaul Fund", will be held within the assets of the City of Riverdale, to be expended at the direction of the City Council for the purchase of new fire trucks as well as the performance of large maintenance on existing fire trucks. PASSED, APPROVED AND ADOPTED THIS RI /1p,g, i 2009, by the following vote: Ayes: /-/ /5I2 Y, C-ha nnon, Nays: 0 /-tom pp, Li Hp'i, PA cLo Je frey rin• e, Mayor ATTEST: Paula McIntosh, City Clerk CITY OF RIVERDALE RESOLUTION NO. 1991-2 A RESOLUTION PROVIDING FOR THE TRANSFER OF FUND FROM THE SEWER FUND TO THE CAPITAL IMPROVEMENTS FUND. BE IS RESOLVED BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, IOWA that the amount of $54, 683 be transferred from the Riverdale Sewer Fund to the Capital Improvements Fund. Passes and approved on April 2 , 1991 , by the following vote: Ayes: Dean Hiles Nays : Clyde Shenk Rex Concannon John Rodgers , Mayo Attest : Linda Phillips , City Clerk RESOLUTION 2003-1 A Resolution establishing an awards fund for the Riverdale Fire Department. WHEREAS, the City of Riverdale wishes to establish a separate fund for the purpose building an awards fund for the volunteer fire department; WHEREAS, an account will be established to accumulate funds toward this goal; WHEREAS, an annuity will be purchased for each qualified fireman at the age of 65; NOW, THEREFORE BE IT RESOLVED that the City Council directs that an account be established and monies transferred from the general fund to an Awards Fund that will be carried forth and accounted for separate from the general fund. Passed and approved this 7th day of October, 2003 by the following vote: AYES Jim Beran NAYS Teri Stickler Eric Syverud Norma Wren /c2t/N11) Jo Kempton, Mayor X�/is7/T ATTEST: L Linda Phillips, City ClerlK� Resolution 2004-2 CITY QE RJVERDALE A RESOLUTION APPROVING THE AMENDED AND RESTATED VOLUNTEER FIREFIGHTERS AWARDS PLAN. BE IT RESOLVED BY THE CITY.CQUNCIL_OETHE_CLTY OE.RTVRRDAT.F, TOWAthat the Firefighters Awards Plan has been amended and restated with the City depositing monies in a Fund to be used for the express purpose of pnrrhasing anrnIitiesfIILqualified retired firefighters. PASSED AND APPROVED, by the City Council of the City of Riverdale, Iowa this 4th day of May, 2004. AYES: NAYES: Beran Hanson Stickler Zemo ST_ ayor / ayor Attest: City Clerk 7)4 E a?ofa RESOLUTION# 2007 - 24 Resolution Establishing the Riverdale Firefighters Support Fund WHEREAS, in accordance with the recommendations of the Iowa State Auditor, the City of Riverdale has secured a transfer of the funds previously held in the Ascentra Credit Union, formerly known as the ALCOA Employees Credit Union, for the Riverdale Fire Fund ("Fire Fund") in the amount of$6,366.97; and WHEREAS, the City of Riverdale has transferred $1,434.30 of the funds received from the Fire Fund to its general fund in reimbursement of firefighter training expenses in accordance with the recommendations of the State Auditor; and WHEREAS,the balance of the funds received from the Fire Fund in the amount of $4,932.67 are substantially attributable to the fundraising efforts of the members of the Riverdale Fire Department and contributions to the Riverdale Fire Department, which are not attributable to City revenues. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA,that a special account be established and maintained for deposit, investment, and reinvestment of the $4,932.67 received from the Fire Fund to be designated the Riverdale Firefighters Support Fund. BE IT FURTHER RESOLVED,that expenditures from the Riverdale Firefighters Support Fund shall be limited to expenditures approved by further motion or resolution of the City Council in support of the Riverdale Fire Department and Firefighters for City purposes and as established within the annual budget for the City of Riverdale Fire Department. PASSED,APPROVED AND ADOPTED THIS 6 DAY OF NOVEMBER 2007. Ayes: Nays: Franklin Stickler Grindle Halsey ..t.& Norma Wren, Mayor ATTEST: 6.6i5/ Theresa Ralfs, City Clerk F RESOLUTION#2012-20 A RESOLUTION CREATING A MULTI-USE TRAIL CONSTRUCTION AND MAINTENANCE FUND WHEREAS,the City of Riverdale wishes to build a Multi-use trail from the western city line near Duck Creek to Bellingham Road; WHEREAS,the City Council of the City of Riverdale wishes to build a Multi-use trail from Bellingham Road to Fenno Road; WHEREAS,the City of Riverdale has secured a grant in the amount of$494.956 toward the design, engineering, right-of-way purchase and construction of said Multi-use trail; WHEREAS,the City Council of the City of Riverdale understands that this grant does not pay the entire cost of the multi-use trail and that matching funds are required; WHEREAS, the City Council of the City of Riverdale wishes to dedicate monies to the construction of the trail from Bellingham Road to Fenno Road; WHEREAS,the City Council of the City of Riverdale understands that the existing section of the multi-use trail from Duck Creek to Bellingham Road and the new section of the trail from Bellingham Road to Fenno Road will require maintenance. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that a fund, named "Multi-use Trail Construction and Maintenance Fund", will be held within the assets of the City of Riverdale, for the purpose of holding donated monies to pay the cost of design, engineering, right-of-way purchase, construction and maintenance of multi-use trails, to be expended at the direction of the City Council for the design, engineering right-of-way purchase, construction and maintenance of new or existing multi-use trails. PASSED, APPROVED AND ADOPTED THIS 18 December 2012, by the following vote: Ayes: Channon, Paddock, Nays: 0 Littrel, Halsey Absent: Hupp r ATTEST: JohnOCUL-ta- S ap J. Fr. a lin, Mayor Paula McIntosh F. /// Y/% RESOLUTION#2012-21 A RESOLUTION CREATING A MULTI-USE TRAIL DONATIONS FUND WHEREAS,the City Council of the City of Riverdale wishes to build a multi-use trail from Bellingham Road to Fenno Road; WHEREAS,the City of Riverdale has secured a grant in the amount of$494,956 toward the design, engineering, right-of-way purchase and construction of said Multi-use trail; WHEREAS,the City Council of the City of Riverdale understands that this grant does not pay the entire cost of the multi-use trail and that matching funds are required; WHEREAS,the City Council of the City of Riverdale understands that the General Public may want to donate monies to pay for the remainder of the cost of design, engineering, right-of-way purchase, construction of the trail; WHEREAS,the City Council of the City of Riverdale understands that these donated monies must be returned to the donors of said monies in the event that the plan to build said trail is abandoned and the trail is not built; WHEREAS,the City of Riverdale wishes to hold said monies and account for said monies separately from all other City monies. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that a fund, named "Multi-use Trail Donations Fund", will be held within the assets of the City of Riverdale, for the purpose of holding monies donated for the purpose of paying the cost of design, engineering, right-of-way purchase and construction of the a multi-use trail, to be expended at the direction of the City Council for the design, engineering, right-of-way purchase and construction of the trail or to be returned to the donors of said monies in the event that the plan to build said trail is abandoned and the trail is not built. PASSED, APPROVED AND ADOPTED THIS 18 December 2012, by the following vote: Ayes: Channon, Paddock Nays:0 Littrel, Halsey Absent: Hupp ATTEST: ;t.ee-dIA'c Atz.-GclY) J-rdc4i /ohn J. Fr in, Mayor Paula McIntosh, City Clerk category. For fund balance reporting purposes, however, those amounts should be classified as nonspendable rather than restricted. Restricted Fund Balance 8. Except as provided for in paragraph 7, amounts that are restricted to specific purposes, pursuant to the definition of restricted in paragraph 34 of Statement 34, as amended by Statement No. 46, Net Assets Restricted by Enabling Legislation, should be reported as restricted fund balance. Fund balance should be reported as restricted when constraints placed on the use of resources are either: a. Externally imposed by creditors (such as through debt covenants), grantors, contributors, or laws or regulations of other governments; or b. Imposed by law through constitutional provisions or enabling legislation. 9. Enabling legislation, as the term is used in this Statement, authorizes the government to assess, levy, charge, or otherwise mandate payment of resources (from external resource providers) and includes a legally enforceable requirement that those resources be used only for the specific purposes stipulated in the legislation. Legal enforceability means that a government can be compelled by an external party-such as citizens, public interest groups, or the judiciary-to use resources created by enabling legislation only for the purposes specified by the legislation. Committed Fund Balance 10. Amounts that can only be used for specific purposes pursuant to constraints imposed by formal action of the government's highest level of decision-making authority should be reported as committed fund balance. Those committed amounts cannot be used for any other purpose unless the government removes or changes the specified use by taking the same type of action (for example, legislation, resolution, ordinance) it employed to previously commit those amounts. The authorization specifying the purposes for which amounts can be used should have the consent of both the legislative and executive branches of the government, if applicable. Committed fund balance also should incorporate contractual obligations to the extent that existing resources in the fund have been specifically committed for use in satisfying those contractual requirements. 11. In contrast to fund balance that is restricted by enabling legislation, as discussed in paragraph 9, amounts in the committed fund balance classification may be redeployed for other purposes with appropriate due process, as explained in paragraph 10. Constraints imposed on the use of committed amounts are imposed by the government, separate from the authorization to raise the underlying revenue. Therefore, compliance with constraints imposed by the government that commit amounts to specific purposes is not considered to be legally enforceable, as defined in paragraph 9. 12. The formal action of the government's highest level of decision-making authority that commits fund balance to a specific purpose should occur prior to the end of the reporting period, but the amount, if any, which will be subject to the constraint, may be determined in the subsequent period. Assigned Fund Balance 13. Amounts that are constrained by the government's intent to be used for specific purposes, but are neither restricted nor committed, should be reported as assigned fund balance, except for stabilization arrangements, as discussed in paragraph 21. Intent should be expressed by (a) the governing body itself or(b) a body (a budget or finance committee, for example) or official to which the governing body has delegated the authority to assign amounts to be used for specific purposes. 14. Both the committed and assigned fund balance classifications include amounts that have been constrained to being used for specific purposes by actions taken by the government itself. However, the authority for making an assignment is not required to be the government's highest level of decision- making authority. Furthermore, the nature of the actions necessary to remove or modify an assignment is not as prescriptive as it is with regard to the committed fund balance classification. Constraints imposed on the use of assigned amounts are more easily removed or modified than those imposed on amounts that are classified as committed. Some governments may not have both committed and assigned fund balances, as not all governments have multiple levels of decision-making authority. 15. Assigned fund balance includes (a) all remaining amounts (except for negative balances, as discussed in paragraph 19) that are reported in governmental funds, other than the general fund, that are not classified as nonspendable and are neither restricted nor committed and (b) amounts in the general fund that are intended to be used for a specific purpose in accordance with the provisions in paragraph 13. By reporting particular amounts that are not restricted or committed in a special revenue, capital projects, debt service, or permanent fund, the government has assigned those amounts to the purposes of the respective funds. Assignment within the general fund conveys that the intended use of those amounts is for a specific purpose that is narrower than the general purposes of the government itself. However, governments should not report an assignment for an amount to a specific purpose if the assignment would result in a deficit in unassigned fund balance. 16. An appropriation of existing fund balance to eliminate a projected budgetary deficit in the subsequent year's budget in an amount no greater than the projected excess of expected expenditures over expected revenues satisfies the criteria to be classified as an assignment of fund balance. As discussed in paragraph 15, assignments should not cause a deficit in unassigned fund balance to occur. Unassigned Fund Balance 17. Unassigned fund balance is the residual classification for the general fund. This classification represents fund balance that has not been assigned to other funds and that has not been restricted, committed, or assigned to specific purposes within the general fund. The general fund should be the only fund that reports a positive unassigned fund balance amount. In other governmental funds, if expenditures incurred for specific purposes exceeded the amounts restricted, committed, or assigned to those purposes, it may be necessary to report a negative unassigned fund balance, as discussed in paragraph 19. Classifying Fund Balance Amounts 18. Fund balance classifications should depict the nature of the net resources that are reported in a governmental fund. An individual governmental fund could include nonspendable resources and amounts that are restricted, committed, or assigned, or any combination of those classifications. Typically, the general fund also would include an unassigned amount. A government should determine the composition of its ending fund balance by applying its accounting policies regarding whether it considers restricted or unrestricted amounts to have been spent when an expenditure is incurred for purposes for which both restricted and unrestricted (committed, assigned, or unassigned) amounts are available. Similarly, within unrestricted fund balance, the classification should be based on the government's accounting policies regarding whether it considers committed, assigned, or unassigned amounts to have been spent when an expenditure is incurred for purposes for which amounts in any of those unrestricted fund balance classifications could be used. If a government does not establish a policy for its use of unrestricted fund balance amounts, it should consider that committed amounts would be reduced first, followed by RESOLUTION#2010-06 A RESOLUTION CREATING AND IDENTIFYING FUNDS FOR THE CITY OF RIVERDALE,IOWA WHEREAS,the Riverdale City Council has created a number of funds to manage, allocate, and plan for the City of Riverdale's ("Riverdale) spending; and WHEREAS,pursuant to the recommendation of its accountant, David Cahill of Eide Bailly, the Riverdale City Council wishes to identify the funds that presently are held by Riverdale and how those funds are allocated. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that the following funds are held by Riverdale separately from Riverdale's General Fund, in the following manners, and for the purposes described on the corresponding exhibits: NAME LEVEL OF MOST RECENT RESOLUTION OR AUTHORITY AUTHORITY CREATING FUND Public Measure B Fund Special Public Measure B, (related to fire trucks and Revenue See Exhibit A streets) Fund (Reserved) Road Fund Designated Exhibit B Truck Replacement& Designated Exhibit C Overhaul Fund Sewer Fund Enterprise Fund (Reserved) Road Use Fund Special Revenue Fund (Reserved) Capital Improvements Fund Designated Exhibit D Awards Fund Designated Exhibit E Riverdale Firefighter's Designated Exhibit F Support Fund NOW, THEREFORE, BE IT FURTHER RESOLOVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA,that any other funds established by prior resolution that are not identified above are revoked and any balances in those funds are allocated to the General Fund; however, nothing in this resolution should be interpreted to revoke or replace or otherwise alter any sub-funds currently in existence, unless specifically identified above. ADOPTED this 16`h day of March 2010 Ayes: Nays: Absent: Franklin Hupp Channon Halsey Littrel \ \ Te trey J. Grindle,Mayor ATTEST: Mary F ances Blevins, Assistant City Clerk RESOLUTION 2009-18: APPROVING A PUBLIC MEASURE FOR THE NOVEMBER 3,2009,BALLOT TO INCLUDE ADDITIONAL TAXATION LEVY FOR CERTAIN CAPITAL IMPROVEMENT PROJECTS WHEREAS, the City Council for the City of Riverdale, Iowa, desires to call for a vote at the November 3, 2009, election to establish a capital improvements reserve fund for the purpose of the purchase of new fire trucks, the funding of capital maintenance and re-equipping of existing fire trucks, and also for street repair, replacement, placement, and maintenance, and to levy a tax not to exceed sixty-seven and one-half cents per thousand dollars of taxable value for those purposes for a period not to exceed twenty years. NOW,THEREFORE,BE IT RESOLVED,BY THE CITY COUNCIL OF THE CITY OF RIVERDALE,IowA,the county commissioner of elections of Scott County is hereby directed to give notice of, and submit to voters of the City of Riverdale, Iowa at the city election to be held November 3, 2009, the following proposition: "Shall the City Council of the City of Riverdale, Iowa establish a Capital Improvements Reserve Fund and levy taxes at a rate not to exceed sixty-seven and one-half cents per thousand dollars of taxable value each year, for a period not to exceed twenty years, commencing with the levy for the fiscal year 2010, payable in fiscal years ending June 30, 2011 through June 30, 2031, for the purpose of the purchase of new fire trucks, the funding of capital maintenance and re-equipping of existing fire trucks, and also for street repair, replacement,placement, and maintenance in the City of Riverdale, Iowa?" BE IT FURTHER RESOLVED,BY THE CITY COUNCIL OF THE CITY OF RIVERDALE,IOWA, if said propositions is approved by a majority of the electors who voted thereon, the City Council of the City of Riverdale, Iowa shall establish a Capital Improvement Reserve Fund for the specific purposes approved by the voters and levy taxes each year, unless such authority is later terminated by election, in the amount approved by the voters, which shall not exceed a total of sixty-seven and one-half cents per thousand dollars of taxable value for a period, and shall not exceed twenty years. Taxes so levied shall be deposited in the Capital Improvement Reserve Fund and shall be invested in interest bearing securities as may, now or hereafter be authorized by law until such time as said monies will be needed for the authorized purposes within the City of Riverdale, Iowa. Approved and adopted this 17th day of September, 2009. Ayes: o <1∎h Cir,ar or, Nays: Absent: seuu dis. -9f re' Grins le, Mayor ATTEST: Paula McIntosh, City Clerk bih//j3lT RESOLUTION#2007-01 Resolution authorizing the establishment of a Road Fund. Whereas the City of Riverdale must maintain and replace road infrastructure over time, NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA,that a fund, named Road Fund, will be held within the assets of the City of Riverdale. PASSED, APPROVED AND ADOPTED THIS 16th DAY OF JANUARY 2007. Ayes: Nays: Franklin Ulrich Stickler Halsey VAL/X.44266/d liee7 Norma Wren, Mayor ATTEST: Theresa Ralfs, City Clem RESOLUTION#2009-08 A RESOLUTION CREATING A FIRE DEPARTMENT TRUCK REPLACEMENT AND OVERHAUL FUND WHEREAS,the City of Riverdale must maintain and replace its fire trucks over time, including large maintenance items. NOW,THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE,IOWA, that a fund, named"Fire Department Truck Replacement and Overhaul Fund", will be held within the assets of the City of Riverdale, to be expended at the direction of the City Council for the purchase of new fire trucks as well as the performance of large maintenance on existing fire trucks. PASSED, APPROVED AND ADOPTED THIS v/I /pP 1 2009,by the following vote: Ayes: /. .ISe y, Cirroo nor), Nays: 0 It 1p, iiMfrrj, `l 10 - dvJe frey `rin• e, Mayor ATTEST: (jcc_i e Paula McIntosh, City Clerk CITY OF RIVERDALE RESOLUTION NO. 1991-2 A RESOLUTION PROVIDING FOR THE TRANSFER OF FUND FROM THE SEWER FUND TO THE CAPITAL IMPROVEMENTS FUND. BE IS RESOLVED BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, IOWA that the amount of $54, 683 be transferred from the Riverdale Sewer Fund to the Capital Improvements Fund. Passes and approved on April 2 , 1991 , by the following vote: Ayes : Dean Hiles Nays : Clyde Shenk Rex Concannon John Rodgers , Mayo Attest: Linda Phillips , City Clerk 2) RESOLUTION 2003-1 A Resolution establishing an awards fund for the Riverdale Fire Department. WHEREAS, the City of Riverdale wishes to establish a separate fund for the purpose building an awards fund for the volunteer fire department; WHEREAS, an account will be established to accumulate funds toward this goal; WHEREAS, an annuity will be purchased for each qualified fireman at the age of 65; NOW, THEREFORE BE IT RESOLVED that the City Council directs that an account be established and monies transferred from the general fund to an Awards Fund that will be carried forth and accounted for separate from the general fund. Passed and approved this 7th day of October, 2003 by the following vote: AYES Jim Beran NAYS Teri Stickler Eric Syverud Norma Wren Jo Kempton, Mayor ATTEST: ,Y171/0`7 _ Linda Phillips, City Cler\ /96-7 F / cE oZ Resolution 2004-2 CITY OF RiVERDALE A RESOLUTION APPROVING THE AMENDED AND RESTATED VOLUNTEER FIREFIGHTERS AWARDS PLAN. BE IT RESOLVED BY THE CITY COUNCIL_OETHE-CLTY OE RIVERDAT F,LOWA that the Firefighters Awards Plan has been amended and restated with the City depositing monies in a Fund to be used for the express purpose of purchasing annuities_fotqualified retired firefighters. PASSED AND APPROVED,by the City Council of the City of Riverdale, Iowa this 4th day of May, 2004. AYES: NNYES: Beran Hanson Stickler Zemo ayor Attest: City Clerk RESOLUTION # 2007 - 24 Resolution Establishing the Riverdale Firefighters Support Fund WHEREAS, in accordance with the recommendations of the Iowa State Auditor, the City of Riverdale has secured a transfer of the funds previously held in the Ascentra Credit Union, formerly known as the ALCOA Employees Credit Union, for the Riverdale Fire Fund ("Fire Fund") in the amount of$6,366.97; and WHEREAS, the City of Riverdale has transferred $1,434.30 of the funds received from the Fire Fund to its general fund in reimbursement of firefighter training expenses in accordance with the recommendations of the State Auditor; and WHEREAS, the balance of the funds received from the Fire Fund in the amount of $4,932.67 are substantially attributable to the fundraising efforts of the members of the Riverdale Fire Department and contributions to the Riverdale Fire Department, which are not attributable to City revenues. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RIVERDALE, IOWA, that a special account be established and maintained for deposit, investment, and reinvestment of the $4,932.67 received from the Fire Fund to be designated the Riverdale Firefighters Support Fund. BE IT FURTHER RESOLVED, that expenditures from the Riverdale Firefighters Support Fund shall be limited to expenditures approved by further motion or resolution of the City Council in support of the Riverdale Fire Department and Firefighters for City purposes and as established within the annual budget for the City of Riverdale Fire Department. PASSED, APPROVED AND ADOPTED THIS 6 DAY OF NOVEMBER 2007. Ayes: Nays: Franklin Stickler Grindle Halsey Norma Wren, Mayor ATTEST: Theresa Ralfs, City Clerk