Resolution 4101 - Close Out Inactive SID Funds to SID Revolving Fund554
RESOLUTION NO. 4101
A RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO CLOSE OUT THE
INACTIVE SPECIAL IMPROVEMENT DISTRICT FUNDS TO THE SID REVOLVING
FUND.
WHEREAS, the City has in its Special Improvement District
Funds the following funds with the following equity balances:
1983 Sidewalk & Curb $(1,445.06)
SID 31.3 (1,263.90)
SID 334 (3,879.14)
Light District #2 (1,792.74)
WHEREAS said Funds are 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
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 afore mentioned Special
improvement District Funds to the SID Revolving
Fund.
PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY
THE MAYOR THIS 21 st DAY OF June , 1993.
Dougla D. Rauthe, Mayor
ATTEST:
inanc " Director
1
l
E