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