HomeMy WebLinkAboutResolutions - No. 88-78RESOLUTION NO. 88-78
RESOLUTION AUTHORIZING TRANSFERS AND
APPROPRIATION OF FUNDS
SECTION I
BE IT RESOLVED that the City Council of the City of Lodi does hereby direct that
the following transfers of monies be made:
Amount
From
To
$ 130,000
General
Fund
Stores Inventory Fund
130,000
General
Fund
Reserve for Cost of
Labor and Materials
500,000
General
Fund
Capital Outlay Reserve
330,000
General
Fund
General Fund Operating Reserve
1,090,000
SECTION II
BE IT FURTHER RESOLVED that the City Council of the City of Lodi does hereby
direct that the following transfers of money be made:
Amount From To
--------- ------------- ------------------------------
---------------------- ------------------------------
$1,300,000 Electric Fund Capital Outlay Reserve
1,800,000 Electric Fund Electric Fund Operating Reserve
$3,100,000
CFrTTnN TTT
BE IT FURTHER RESOLVED that the City Council of the City of Lodi does hereby
direct that the sum of $500,000.00 be transferred from the Electric Utility
Outlay Reserve to the General Fund Capital Outlay Reserve.
SECTION IV
BE IT FURTHER RESOLVED that the City Council of the City of Lodi does hereby
direct that the sum of $1,250,000.00 be transferred from the Sewer Utility Fund
to the Wastewater Capital Reserve.
SECTION V
BE IT FURTHER RESOLVED that the City Council of the City of Lodi does hereby
direct that the following appropriation of money be made:
Amount From To
$ 800,000 Capital Outlay Reserve Carnegie Building Remodel
1,500,000 Capital Outlay Reserve City Hall Expansion and Remodel
88-78
Ki
Dated: June 15, 1988
I hereby certify that Resolution No. 88-78 was passed and adopted
by the City Council of the City of Lodi in a regular meeting
held June 15, 1988 by the following vote:
Ayes: Council Members - Hinchman, Olson, Reid, Snider and
Pinkerton (Mayor)
Noes: Council Members - None
Absent: Council Members - None
Alice M. Rkche
City Clerk
88-78