HomeMy WebLinkAbout1990-285-05.14.1990 RESOLUTION NO. 1990-285
RESOLUTION TRANSFERRING FROM THE TRUST AND AGENCY
FUND THE SUM OF ONE MILLION SIX HUNDRED FIFTY
THOUSAND DOLLARS ( $1, 650, 000 . 00) TO THE GENERAL
FUND.
WHEREAS, the City Council passed the 1989-1990 Fiscal
Budget on March 7, 1989, allocating $3 , 120 , 906 . 00 for the
City' s Insurance, FICA and IPERS within the General Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF WATERLOO, IOWA, that a transfer be made for the
amount of $1, 650, 000. 00 from the Trust and Agency Fund to
the General Fund for Insurance, FICA and IPERS costs as
allowed by Section 384 . 12 of the State Code of Iowa.
BE IT FURTHER RESOLVED that the City Clerk/Auditor be
instructed to certify a copy of this resolution to the City
Treasurer of the City of Waterloo, Iowa, in order that said
transfer be made.
PASSED AND ADOPTED this 14th day of May, 1990 .
(?)-( .X Y421 E
BernarD McKinley, Mayor
ATTEST:
L- Larry Burger, City Clerk/Auditor
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