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HomeMy WebLinkAbout26267-04.23.1979 RESOLUTION NO. 3> (' A RESOLUTION TRANSFERRING FROM THE ROAD USE TAX FUND THE SUM OF TWO HUNDRED SIXTY SEVEN THOUSAND THREE HUNDRED FIFTEEN DOLLARS AND SIXTY THREE CENTS ($ 267,315.63) TO STREET RELATED CAPITAL IMPROVEMENT PROJECTS WHEREAS, House File 491 passed by the 67th General Assembly and signed into law on June 27, 1978 awarded Cities an increase in their portion of the Road Use Tax fund they will receive for street construction and maintenance, and WHEREAS, this change in the law became effective after the �978-1979 Fiscal Year budgets for cities had been approved it will be necessary prior to the close of the Fiscal Year to, the 1978-1979 Fiscal Year budget, and NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that a transfer in the amount of $ 267,315.63 from the Road Use Tax fund to various street related capital improvement funds as listed, 311 1975 Paving Contract # 135 $ 36,475.96 312 West Ridgeway Construction # 151 6,086.43 313 Sidewalk Program Cont # 42 9,194.92 314 Street Resurfacing & Repair # 155 22,580.38 315 River Road Paving Cont # 142 74,973.39 324 Wren Road Storm Sewer # 89 67,509.74 332 Randall-Wellington Paving # 145 1,477.70 334 1972 Grading Program # 12 41,964.42 346 Sidewalk Repair Cont # 43 7,052.69 in order that these projects may be closed out as the projects are completed, be, and the same is hereby, approved BE IT FURTHER RESOLVED that the City Clerk 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 23rd day of April 1979. (Mayor) ATTEST: (City Clerk)