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HomeMy Public PortalAboutR3646 FIN WW Backup Fund Transfer to WW Emergency FundRESOLUTION NO. 3646 A RESOLUTION, transferring a fund balance totaling Five Hundred Ninety Thousand Dollars ($590,000) from the Water Backup Fund #4104 to the Wastewater Emergency Fund #4122; WHEREAS, the approval of Ordinances 15624 and 15628 relating to emergency repairs resulted in appropriations totaling Two Million Seven Hundred Fifty Thousand Dollars ($2,750,000) which depleted the fund balance of the Wastewater Emergency Fund #4122; WHEREAS, Ordinance 13210 established a minimum fund balance of Five Hundred Thousand Dollars ($500,000) to remain in the Wastewater Emergency Fund #4122; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT that: Section One: The total sum of Five Hundred Ninety Thousand Dollars ($590,000) of Fund balance is hereby transferred from the Water Backup Fund #4104 to the Wastewater Emergency Fund #4122. The foregoing Resolution was adopted on March 11, 2021.