HomeMy WebLinkAboutResolutions - No. 1545In the City Council
City of Lodi
Lodi, California
RESOLUTION NO.1545
APPROPRIATING A PORTION OF 1949-50 GENERAL
FUND BALANCE TO A CAPITAL OUTLAY FUND
WHEREAS, The City Council of the City of Lodi finds
a balance of One Hundred Fifty-four Thousand, Four Hundred
Ninety Dollars and Fifty-seven Cents ($15lj 90.57) existing
in its General Fund as of June thirtieth ((30th), 1950, accord-
ing to records maintained and certified by the City Treasurer,
and
WHEREAS, Said City Council finds it necessary that
a portion of this said balance be appropriated for use for
capital replacement and expansion of municipal facilities,
NOW, THEREFORE, BE IT RESOLVED, That the sum of One
Hundred Fifty Thousand Dollars ($150,000.00) be appropriated
from the said balance and deposited in the Capital Outlay
Fund.
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The foregoing Resolution No. 1545 was
regularly introduced passed and adopted by the
City Council of the City of Lodi in regular meet-
ing held August 2, 1950, by the following vote:
AYES: Councilmen,_pull. HagteU . Preazler. Rjnn
and Tolliver
NOES: Councilmen, None
ABSENT: Councilmen, None