Resolution 4483 - Close Out Inactive SID Funds1956
RESOLUTION NO. 4483
A RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO CLOSE OUT THE
INACTIVE SPECIAL IMPROVEMENT DISTRICT FUNDS TO THE SID REVOLVING
FUND.
WHEREAS, the City has in its Special Improvement District
Funds the fallowing funds with the following equity balances:
Meridian Sidewalk & Curb $ 300.63
1989 Sidewalk & Curb $ 2,776.09
WHEREAS, said Funds are inactive, and
WHEREAS, the City is authorized and required to transfer
equity from one fund to another fund only by Resolution or
Ordinance, and
WHEREAS, an appropriate fund to transfer said equity to is the
SID Revolving.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF KALISPELL AS FOLLOWS:
That the Finance Director is hereby authorized and
directed to close out the aforementioned Special
Improvement District Funds to the SID Revolving Fund.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL, MONTANA, THIS 7th DAY OF NNE, 1999.
ATTEST:
Theresa White
City Clerk
Wm. E. Boharski
Mayor
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