06-9736r
RESOLUTION NO. 9736
RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM THE GENERAL FUND
TO THE CENTRAL GARAGE RELOCATION CAPITAL PROJECT FUND
WHEREAS, the City has determined the need to construct a new City Maintenance
Facility; and
WHEREAS, for the project to move forward the purchase of a parcel of land is
necessary and additional funding is needed to fund the purchase; and
WHEREAS, the General Fund has been identified as having sufficient funds for a
transfer to cover the additional cost to purchase the land.
NOW, THEREFORE, BE IT RESOLVED that the City Council authorize the Finance
Manager to transfer from the General Fund effective as of December 31,2005, $100,000 to
the Central Garage Relocation Capital Project Fund.
Adopted by the City Council of the City of Richfield, Minnesota this 28th day of
February, 2006.
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Martin J. Kirsc~:Mayor
ATTEST: