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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 ACQUTSITTON OF CAPITAL EQUIPMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA, AS FOLLOWS: SECTION 1. That there is hereby created a Capital Project Fund to finance the acquisition of capital equipment and said capital. 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 IT. 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 ITT. 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 9 1988. CA J hn 'Ed' ennedy r., Mayor ATTEST: city clerk -Treasurer I J the underzigned, City Clark of' the City of Kalispell, certify that the foregoing JLS a true copy of the Resolution passed by the City Council of the City of Kalispell, Iloiitana at a re,&ular isieeting held City Cler,Lc of the City of Kalispell L2W1tS1T' "A" 4055 Capital Project Equipment Fund Revenue. Classified as 'Other Financing Source' Amount Account # $39,077.50 381005 Tnstallment Purchase -Mt- Economic Development Board 7,595.00 381006 lease/purchase-Valley Bank Expenditures: Classified as 'Capital. Outlay' Amount Account # $39,077-50 412-411230-940 City Hall Equipment 7,595.00 403-410580-940 Copier Equipment