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.