HomeMy WebLinkAboutResolution No. 4121RESOLUTION NO. 4121
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
AUTHORIZING CERTAIN FUND TRANSFERS .
WHEREAS, a request has been received from the Senior Accountant
for authorization to transfer from the Light Funds an amount sufficient to
cover the deficits as of June 30, 1960, existing in the General Fund in the
sum of $297,511.19, in the Park and Recreation Fund in the sum of $16,515.37,
and in the Retirement Fund in the sum of $24,420.49, and
WHEREAS, in order to cover said deficits, a transfer from the Light Fund
in the amount of $338,447.05 is necessary.
NOW, THEREFORE, the City Council of the City of Azusa does resolve
as follows:
Section I . That the said transfers of funds in the amounts above set forth are
hereby authorized.
Section 2. The City Clerk shall certify to the adoption of this Resolution.
Adopted and approved this 1 t141aY of December 19 60
Ma r
I hereby certify that the foregoing Resolution was duly adopted and
passed by the City Coin ciI of the City of Azusa a regular meeting thereof
held on the 19th day of December ,19 60 , by the following vote
of the Council:
AYES: Councilmen: Paul, McLees, Johnson, Teasley, Ortuno
NOES: Councilmen: None
ABSENT: Councilmen: None
Deputy Cfty Cler