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HomeMy WebLinkAboutRES 2501 CITY OF RENTON, WASHINGTON RESOLUTION NO. 2501 WHEREAS it is necessary and advisable to transfer the below specified funds for the purpose of 1982 Unlimited 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 $210 ,000 .00 UNTO: 1982 Unlimited G.O. Bond Fund #210 $210,000 .00 said funds are to be returned to the Coulon Beach Construction Fund upon receipt of sufficient property tax monies in the 1982 Unlimited General Obligation Bond Fund. No interest is required. PASSED BY THE CITY COUNCIL this 18th day of April, 1983 . Maxine E. Motor, City Clerk APPROVED BY THE MAYOR this 18th day of April, 1983. . .S oma. Barbara Y. hinpoc , Mayor Approved as to form: G-�ra�v Lawrence J. Wa ren, City. Attorney