82-6570R97
RESOLUTION NO. 6570
RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM
PERMANENT IMPROVEMENT REVOLVING FUND TO CAPITAL
IMPROVEMENT BUDGET TO FINANCE PUBLIC SAFETY
BUILDING IMPROVEMENT PROJECT C.P. 767.
WHEREAS, the Ordinance Code of the City of Richfield
provides 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, in a total amount not to exceed $300;000, may be transferred
to the Capital Improvement Budget of the city, by resolution of
the city council, to provide funds for the acquisition and better-
merit of Public Safety facilities, and
WHEREAS, the 191 and 1982 Capital Improvement Budgets of
the City of Richfield provide for a Public .Safety facility
improvement project.
NOW, THEREFORE, BE IT RESOLVED by resolution of the city
council of the City of Richfield that $20~,0~0 from the Permanent
Improvement Revolving Fund of the city be transferred to the
Capital Improvement Budget of the city for purposes of financing
costs related to the Public Safety Building improvement project
CP 767.
Done at the City of Richfield this~:25th d of January, 1982.
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ATTEST:
ohn riam%l~ton-" :•ayor
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