HomeMy WebLinkAbout18-062 - ADMIN Resolution - City Council - 2018/04/16RESOLUTION NO. 18-062
RESOLUTION AUTHORIZING FUND EQUITY TRANSFERS
p` WHEREAS, the City of St. Louis Park has created various special purpose funds; and
WHEREAS, some of those funds rely on transfers from other funds for their continued
operation; and
WHEREAS, specific one-time expenditures require resources from other funds;
NOW, THEREFORE, BE IT RESOLVED, by the St. Louis Park City Council:
Approval is hereby given to the Chief Financial Officer to transfer the following sums of money
as of the year ending December 31, 2017 from the General Fund to the Pavement Management
Fund, Capital Replacement Fund, Uninsured Loss Fund and Permanent Improvement Revolving
Fund as shown.
Transferring Fund
Receiving Fund
Amount
General Fund
Pavement Management Fund
$ 400,000
General Fund
Capital Replacement Fund
$ 200,000
General Fund
Uninsured Loss Fund
$ 100,000
General Fund
Permanent Improvement Revolving Fund
$ 185,000
Revie�vlbr Administration:
G+ A
Manager
Attest:
by the City Council April 16, 2018