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HomeMy WebLinkAbout1997-758-12.15.1997 RESOLUTION NO. 1997-758 RESOLUTION TRANSFERRING FROM THE TRUST AND AGENCY FUND THE SUM OF ONE MILLION FOUR HUNDRED SEVENTY-FIVE THOUSAND DOLLARS ($1, 475, 000 . 00) TO THE GENERAL FUND. WHEREAS, the City Council passed the 1998 Fiscal Budget on March 11, 1997, allocating $3, 001 . 499 . 00 to the General Fund for the City' s share of Insurance, FICA and IPERS . 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, 475, 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. PASSED AND ADOPTED this 15th day of December, 1997 . Joh R. Rooff, Mayor ATTEST : Nancy Ec rt, City Clerk