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HomeMy WebLinkAboutRES 2430 CITY OF RENTON, WASHINGTON RESOLUTION NO . 2430 WHEREAS it is necessary and advisable to transfer the below specified funds for the purpose of 1980 General Obligation Bond interest payment , pending receipt of property taxes and such transfer being necessary and in the public interest and for the public benefit , NOW THEREFORE THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON DO RESOLVE AS FOLLOWS : SECTION I : The Director of Finance is hereby authorized and directed to make the following cash transfer : FROM: Coulon Beach Construction #315 $151,700, 00 UNTO: 1980 Unlimited G.O . Bond Fund #203 $151 , 700, 00 said funds are to be returned to the Coulon Beach Construction Fund upon receipt of sufficient property tax monies in the 1950 G.O. Bond Fund. No interest is required. PASSED BY THE CITY COUNCIL this 23rd day of November , 1981 .. V. e ores A. Mead, Ci Clerk. APPROVED BY THE MAYOR this 23rd day of November, 1981. 3 0 ar ara Y. . S zinpoch, Mayor Approved as to form: Lawrence J. earren, ity Attorney