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HomeMy WebLinkAboutResolutions - No. 2020-186RESOLUTTON NO. 2020-186 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO TRANSFER THE BALANCE OF THE PARKS, RECREATION AND CULTURAL SERVTCES (PRCS) DONATTON EXPENDABLE TRUST tNTO THE PRCS CAPITAL FUND BALANCE WHEREAS, beginning in 2000, donations made to Parks, Recreation and Cultural Services (PRCS) by community members and businesses were tracked in a database and deposited into an expendable trust account; and WHEREAS, donations received throughout the years that were designated for certain projects have been completed; the remaining funds are undesignated to be used at the department's discretion within the general categories the donations were originally intended for; and WHEREAS, a balance of $139,138.23 remains in the PRCS expendable trust. NOW, THEREFORE, BE lT RESOLVED that the Lodi City Council does hereby authorize the City Manager to transfer the funds in the amount of $39,665.58 from account 140.23702 into fund 432-Parks Capital, and $99,472.65 from account number 140.23702 into fund 200-PRCS Fund Balance. Dated: August 19,2020 I hereby certify that Resolution No. 2020-186 was passed and adopted by the City Council of the City of Lodi in a regular meeting held August 19, 2020, by the following vote: AYES: COUNCIL MEMBERS - Chandler, Mounce, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS - None ABSTAIN: COUNCIL MEMBERS - None NI c MIR 2020-186 City Clerk