Resolution 4703 - Loan to Tri-City Planning OfficeRESOLUTION NO. 4703
A RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO LOAN FUNDS FROM
THE GENERAL FUND TO THE TRI-CITY PLANNING FUND IN THE AMOUNT OF
$21,520 FOR SHORT TERM FINANCING UNTIL LEGAL REMEDIES RELEASE THEIR
FUNDS.
WHEREAS, the City has in its General Fund account funds to be
invested,
WHEREAS, the Tri-City Planning Office has a receivable from the
County for funds needed for operations,
WHEREAS, the Tri-City Planning Office anticipates receiving funds
in the near future,
WHEREAS, the City is authorized and required to transfer funds
from one fund to another fund only by resolution or
ordinance.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION I. That the Finance Director is hereby authorized
and directed to advance the aforementioned
funds from the General Fund account to the
Tri-City Planning Fund.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL
AND SIGNED BY THE MAYOR THIS 20TH DAY OF MAY, 2002.
Pamela B. K edy
Mayor
ATTEST:
Theresa Whit
City Clerk