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HomeMy WebLinkAboutRES 2532 CITY OF RENTON, WASHINGTON RESOLUTION NO. 2532 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, PROVIDING FOR TRANSFER OF FUNDS WHEREAS it is necessary and advisable to transfer the below-specified funds to provide for the purchase of Lot 1, Block 1, Heather Downs II , plus the remaining sewer assessment against the property, and construction of retention pond in Heather Downs, 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 transfer: FROM: Cumulative Reserve Fund #3661 (Real Estate Excise Tax) (Operating Transfers-Out) Expenditure a/c 120/000/04. 597.00.50.00 . . . . . . . . $55,000.00 UNTO: Street Fund Revenue (Operating Transfers-In) Revenue a/c 103/000/397.00.00.01 . . . . . . . . . . . . . . . $55,000.00 UNTO: Street Fund Expenditures (Heather Downs Storm Drainage Project) Expenditure a/c 103/036/15.541.00.00.00 . . . . . . . . $55,000.00 PASSED BY THE CITY COUNCIL this 28th day of November, 1983. Maxine E. Motor, City Clerk APPROVED BY THE MAYOR this 28th day of November, 1983. Barbara Y. Shinpoch, Mayor Approved as to form: L ce J. a en, City Attorney