HomeMy WebLinkAbout1997-25-01-21-1997 RESOLUTION NO. 1997-25
RESOLUTION TRANSFERRING FROM THE TRUST AND
AGENCY FUND THE SUM OF ONE MILLION FOUR
HUNDRED SEVENTY-FIVE THOUSAND SEVEN HUNDRED
EIGHTY DOLLARS AND SIXTY-FOUR CENTS
( $1, 475,780. 64) TO THE GENERAL FUND.
WHEREAS, the City Council passed the 1997 Fiscal Budget on
March 11, 1996 allocating $3, 495,860.00 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 , 475,780. 64 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 21st day of January, 1997 .
400,
4111jJoh, • �•,,off, Mayor
ATTEST:
i
Susa�an, Ci Clerk