HomeMy Public PortalAbout1979_03_14_R041 TOWN OF LEESBURG
IN
LOUDOUN COUNTY, VIRGINIA
RESOLUTION N0.79-41 PRESENTED March 14, 1979
ADOPTED March'i4, 1979
A RESOLUTION: MAKING APPROPRIATIONS TO THE CAPITAL PROJECTS FUND
WHEREAS, $5,000,000 in general obligation water bonds and
available cash balances in the utility fund will pay the cost of
the Potomac River water supply project; and
WHEREAS, a capital project fund shall be established to
properly account for all expenditures of the project:
THEREFORE, RESOLVED by the Council for the Town of Leesburg,
Virginia, as follows:
SECTION I. Previous fiscal year 1979 appropriations from
the utility fund to Account No. 20400.806-A (Design Engineering)
in the amount of $113,560.00 and Account No. 20400.806-B (Rate
Study) in the amount of $6,500.00 are transferred to and shall be
recorded in the capital project fund as follows:
ACcO'unt' No. ~and Name Appropriations
70000.246 Legal, financial and $ 6,500.00
administration
70000.260 Design engineering 113,560.00
SECTION II. An appropriation is made from the utility
fund to the capital project fund, Account No. 70000.246, Legal,
financial and administration, in the amount of $9,000.00.
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SECTION III. A transfer of utility fund non-restricted
cash to the capital project fund is authorized in the amount of
$129,060.00.
SECTION IV. Appropriations made herein are in effect
until completion of the Potomac River water supply project or
until terminated by this Council.
PASSED this 14th day of March , 1979.
ATTEST:
Clerk of Cou~il
TOWN OF LEESBURG