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HomeMy WebLinkAbout1993-716-12.13.1993 RESOLUTION NO. 1993-716 RESOLUTION TRANSFERRING FROM THE LOCAL OPTION SALES TAX FUND THE SUM OF THIRTY-FIVE THOUSAND NINE HUNDRED FORTY-NINE DOLLARS AND NO CENTS ( $35,949 . 00) TO THE DEBT SERVICE FUND. WHEREAS, the City Council passed the 1994 Fiscal Budget on February 23 , 1993 allocating $35,949. 00 of Local Option Sales Tax Fund Money to the Debt Service Fund for payment of Lease/Purchase Equipment Note. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that a transfer be made for the amount of $35, 949. 00 from the Local Option Sales Tax to the Debt Service Fund for payment of General Obligation Bonds. BE IT FURTHER RESOLVED that the Deputy 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 13th day of December, 1993 . Albert C. Manning, Jr. , ATTEST: Tom C ell, eputy Clerk/Auditor JV9)-k1.6