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HomeMy WebLinkAboutCC RESO 13,356RESOLUTION NO. 13,356 RESOLUTION OF THE CITY COUNCIL FOR THE CITY OF NATIONAL CITY AUTHORIZING APPROPRIATION AND TRANSFER OF FUNDS TO CAPITAL OUTLAY FUND FOR RESERVE FOR FUTURE EXPENDITURES. The City Council of the City of National City does resolve as follows: WHEREAS, it is necessary to appropriate and/or transfer fund to meet necessary budget requirements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that it authorizes, appropriates and directs the following transfer of funds be made: FROM: Unbudgeted Reserve, Fund 01- General $1,150,000. Unbudgeted Reserve, Fund 04-Library 100,000. Unbudgeted Reserve, Fund 05-Park 140,000. Unbudgeted Reserve, Fund 07-Retirement 230,000. TO: Fund 03-Capital Outlay Reserve for Future Expenditures AMOUNT: $1,620,000.00 PURPOSE: Reserve for future capital improvement projects. PASSED AND ADOPTED this loth day of June, 1980. ATTEST: