HomeMy Public PortalAboutResolution #2007-24, A Resolution Establishing The Riverdale Firefighters Support Fund 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
Resubmitted and adopted this 20th day of November due to the resolution number not
being on the agenda.
Ayes: Nays:
Franklin
Ulrich
Littrel
Grindle
Halse /
orma Wren, Mayor
ATTEST:
4 �.
Theresa Ralfs, City Cler
r �
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
sk-
r ' Norma Wren, Mayor
ATTEST:
@ \ /
Theresa Ralfs, City Clerk