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Resolution 4408 - Close-Out Sidewalk & Curb Funds1804 RESOLUTION No. 4408 A RESOLUTION AUTHORIZING THE FINANCE DIRECTOR TO CLOSE OUT THE INACTIVE SIDEWALK AND CURB FUNDS TO THE SID REVOLVING FUND. WHEREAS, the City has in its Special Improvement District Funds the following funds with the following equity balances. 1987 Sidewalk & Curb ($2,194.65) 1988 Sidewalk & Curb $3,025.19 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 Sidewalk and Curb Funds to the SID Revolving Fund. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS 15T11 DAY OF JUNE, 1998. William E. Boharski, Mayor ATTEST: 6� ��k Theresa White Clerk of Council 1