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Resolution 3420 - Transfer Funds - SID 311 to Revolving Fund483 I upon RESOLUTION NO. ,V420 A RESOLUTION TO TRANSFER FUNDS FROM THE SPECIAL IMPROVEMENT DISTRICT NO. 311 TO THE CITY'S REVOLVING FUND; AUTHORIZING THE FINANCE OFFICER TO MAKE THE REQUIRED JOURNAL ENTRIES; AND TO PROVIDE AN EFFECTIVE DATE. WHEREAS, all bonds and warrants issued on Special Improvement District No. 311 for the installation'cf sanitary sewer in the Ashley Addition Area has been paid in full; and WHEREAS, Section 7-12--4222 MCA, authorizing the transfer of ,all monies remaining in a Special Improvement District, after all bands and warrants issued, therefore, have been paid in full, to the City's Revolving Fund by order of the City Council; and WHEREAS, after payment in full of all bonds and warrants issued for Special Improvement District No. 311 and the remaining in said District, the sum of $3,146.58. i NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL: SECTION I. That the sum of $3,146.58 be transferred from Special Improvement District No. 311 to the City's Revolving Fund. SECTION II. The City's Finance Director is hereby authorized to make the required entries in the General Ledger of the City of Kalispell to effect said transfer. SECTION III. This Resolution shall.become effective immediately passage by the Council and approval by the Mayor. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS DAY OF JULY, 1982. McDow Mayor ATTEST: Marjor e Giermann; City Clerk -Treasurer 1, the undersigned, City Clerk of the City of Kalispell certify that the foregoing is a true (Iopy of the Resolution passed the City Council of the City of Kalispell, Montana at a_ ­_egu.lar meeting held G % 2- City Cl k of the City of Kalispell