HomeMy Public PortalAboutResolution #2015-10, A Resolution Authorizing The Transfer Of Funds For The Fiscal Year 2014-2015 RESOLUTION#2015- 10
A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FOR THE
FISCAL YEAR 2014-2015
WHEREAS,the City of Riverdale has operational transfers that are budgeted to be made;
and
WHEREAS,the City Council of the City of Riverdale, Iowa,wishes to make the needed
transfers; and
WHEREAS,the City Clerk/Treasurer has submitted the following list of transfers
needed.
Section 1.That the City Clerk is hereby authorized to transfer$300,000.00 from the Local Option Fund to
the Capital Reserves Fund.
NOW,THEREFORE,BE IT RESOLVED,by the City Council of the City Riverdale,Iowa,that
the City Clerk/Treasurer is directed to make these recommended transfers.
BE IT FURTHER RESOLVED,that the Mayor and City Clerk/Treasurer are hereby authorized
and directed to execute said resolution.
PASSED,APPROVED AND ADOPTED THIS 19 of May,2015,by the following vote:
Ayes: Channon,Littrel,Halsey Nays:
Absent: Hupp, Seaberg
ATTEST:
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