Resolution 3780 - Budget - Capital Project FundRESOLUTION NO. 3780
A RESOLUTION TO ADOPT A BUDGET FOR A CAPITAL PROJECT FUND TO BE USED
TO FINANCE THE ACQUTSITION OF CAPITAL EQUIPMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL,
MONTANA, AS FOLLOWS:
SECTION I. That there is hereby created a Capital Project
Fund to finance the acquisition of capital equipment and
said capita]. equipment shall be classified as General Fixed
Assets of the City and include purchases of (1) a telephone
system and (2) a copy machine.
SECTION II. The Capital Project Fund budget and sources of
revenue are as found in Exhibit "A", attached hereto and for
purposes of this Resolution made a part hereof.
SECTION III. This Resolution shall take effect immediately
on passage by the City Council and approval by the Mayor.
PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR THIS 7th
DAY OF MAR CH , 1988.
CA t -
4
J hn 'Ed' Kennedy Jr . , Mayor
ATTEST:
City clerk -Treasurer
I, the undersigned, City Clark of the City of Itialispell, certify that the
foregoing; is a true copy of the Resolution passed by the City Council of the
City of ICalispell, Iloiitena at a regular isieeting held
City Cler I. of the City of Kalispell
L2W 1 n1.'!' "A"
4055 Capital Project Equipment Fund
Revenue: Classified as 'Other Financing Source'
Amount Account #
$39,077.50 381005 Installment Purchase -Mt. Economic Development
Board
7,595.00 381006 lease/purchase-Valley Bank
Expenditures: Classified as 'Capital Outlay'
Amount Account #
$39,077.50 412-41.1230-940 City Hall Equipment
7,595.00 403-410580-940 Copier Equipment