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11. Resolution 4338 - Close Study Commision Fund to General FundAgenda -June 16, 1997 AGENDA ITEM 11 - RESOLUTION 4338-CLOSE STUDY COMMISSION FUND TO GENERAL FUND BACKGROUND/CONSIDERATION: This item is an accounting process to closeout the existing account (balance $19,494.93) for the Government Study Commission that is no longer in existence. RECOMMENDATION: Approval is recommended to correct the records and release the funds from this account. ACTION REQUIRED: Approval of RESOLUTION 4338 will complete this process. A RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO CLOSE OUT THE INACTIVE GOVERNMENT STUDY COMMISSION FUND TO THE GENERAL FUND. WHEREAS, the City has in its Government Study Commission Fund the following fund with the following equity balance: Government Study Commission $ 19,494.93 WHEREAS said Fund is 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 General Fund. 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 Government Study Commission Fund to the General Fund. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS 16th DAY OF JUNE , 1997. Douglas D. Rauthe, Mayor ATTEST: Clerk of Council