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11. Resolution 4216 - Close out Inactive SID FundsRESOLUTION NO. 4216 A RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO CLOSE OUT THE INACTIVE SPECIAL IMPROVEMENT DISTRICT FUNDS TO THE SID REVOLVING FUND. WHEREAS, the City of Kalispell has in its Special Improvement District Funds the following funds with the following equity balances: 1985 Sidewalk & Curb $(4,277.65) 1986 Sidewalk & Curb $(2,169.50) WHEREAS, said Funds are inactive, and WHEREAS, the City of Kalispell 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 `µ Improvement District Fund to the SID Revolving Fund. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS 19TH DAY OF JUNE, 1995. Douglas D. Rauthe, Mayor Attest: Debbie Gifford, CMC Clerk of Council