HomeMy WebLinkAboutResolutions - No. 1951In the City Council
City of Lodi
Lodi, California
RESOLUTION NO. 1951
AUTHORIZING A TRANSFER TO THE EQUIPMENT FUND
AND MAKING APPROPRIATIONS TO RESERVE FUNDS
FOR THE FISCAL YEAR 1956-57.
'WHEREAS, the City Council of the City of Lodi has heretofore
authd37ized and made appropriations for the current operation and
maintenance of said City during the fiscal year beginning July 1,
1956 and ending June 30, 1957, and
WHEREAS, the City Manager of said City has presented estimates
of revenues for said period, together with ari analysis of balan,:os
remaining as of June 30, 1956, and
'WHEREAS, this City Council finds and determines that funds are
necessary iri addition to the amounts heretofore appropriated, for
the proper maintenance of the Equipment Fund of the City and for
deposit in the capital reserve funds of the City, riow, therefore,
BE IT RESOLVED, that the City Council does hereby authorize
and direct the transfer of $30,000.00 from General Fund surplus
to the Equipment Fund, and
BE IT FURTHER RESOLVED, that the laity Council does hereby
authorize and direct the appropriation of $150,000.00 to the Capital
Outlay Fund and $100,000.00 to the Utility Outlay Fund from existing
balances and 1956-57 revenues accruing to the General Fund.
CERTIFIED to be a full, true and correct copy of
Resolution No. 1951 of the City Council of the
City of Lodi as passed and adopted in regular
meeting held July 18 1 6.
1416481
Dated: July 23, 1956
E Y A GLAVES, JR
City Clerk