HomeMy Public PortalAbout1977_02_02_R016RESOLUTION NO. 77-16
A RESOLUTION:
TOWN OF LEESBURG
IN
LOUDOUN COUNTY, VIRGINIA
PRESENTED Feb. 2, 1977
ADOPTED Feb. 2, 1977
AUTHORIZING AN INTERFUND LOAN AND APPROPRIATION.
RESOLVED BY THE Council of the Town of Leesburg, Virginia,
as follows:
SECTION I. A loan of unencumbered Utility Fund balances
in the amount of $70,000.00 is hereby authorized to the Airport
Fund to be repaid from future revenues of the Airport Fund with
interest at six percent per annum compounded annually.
SECTION II. An appropriation in the amount of $70,000
is hereby made to Account No. 30000-261, Legal services, for
the fiscal year ending June 30, 1977.
PASSED this 2nd day of February , 1977.
Attest:
CIerk of C~ncil
Mary Ahne Newman, Mayor
Town of Leesburg