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HomeMy WebLinkAbout54RESOLUTION N0, A IZESOLUTION OF TIIE CITY OF AUI3UKN, KING COUNTY, WASHINGTOV, RELATING TO TM TRANSFER OF FUNDS IN THE WATER DEPARTMENT SO AS TO PROVTDE A TIt11NSFER OF $4,000.00 FROM TIIE IJE-LL FUND TO TIIE r1E`.L'ER FUND AI+TD THE BALANCE OF TFIE WELL FUND IN TIIE SUM OF 0$0, 91 TO BE TRANSFERRED TO THE PIPE AND FITTING FUND. ~ IJIIEREAS, There is the sum of $12,050.91 remaining in the We11 Fund, which is nocv a surplus fund after payment of all costs of construction and installation of the we11 for which saici fund was granted, and there is a need of funds in the Dieter Fund and in the Pipe and Fitting Fund, NOW, TI-iER.EFORE, TT IS HF,Rt~;BY IL?.SOLVED by the City Council of the City of Auburn that the City Treasurer of the City of Auburn be and is hereby instructed to transfer the sum of $4,000.00 from said 1Ve11 Fund to the Meter Fund, and the balance of said Well Fund in the sum of $8,050.91 be transferred to the Pipe and Fitting Fund; all of the above i'unds are in the Water Department budget for the current year 1959. Said transfers are to be made immediately. DATED AND SIGNED this 15th day of September, 19590 CITY 0 F aUBURN: ~ h7 El Y 0 R i , T: r ~ ~ City (]erk