82-6594R25
RESOLUTION AO. 6594
RESOLUTION AUTHORIZING TRANSFER OF FUNDS
FROM PERMANENT IMPROVEMENT REVOLVING FUND
TO CAPITBL IMPROVEMENT BUDGET TO FINANCE
PARKING LOT IMPROVEMENTS AT CITY HALL AND
CITY HALL ENERGY IMPROVEMENTS
WHEREAS, the Ordinance Code of the City of Richfield pro-
vides that for a Permanent Improvement Revolving Fund to be used
for the purpose of .financing local improvements; and
WHEREAS, the ordinance states that the proceeds of said
fund may be used to provide interim financing of capital
expenditures for projects of the city by resolution of the city
council, and
WHEREAS, it appears desirable to undertake city hall parking
lot expansion and city facility energy improvements during 1982,
although said projects are not provided for in the 1982 Capital
Improvement Budget.
NOW, THEREFORE, BE IT RESOLVED by resolution of the City
Council of the City of Richfield that $48,000 from the Permanent
Improvement Revolving Fund of the city be transferred on June 15,
1982, to the Capital Improvement Budget of the city for purposes
of financing costs related to the city hall parking lot and city
facility energy 1mprOVPmcnt nrn-iA~i-c
Done at the City
April, 1982.
ATTEST:
Syl K. Berg C' Clerk
of
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