HomeMy WebLinkAbout1975-224 CCR Member Bill Fignar introduced the following resolution and moved
its adoption:
RESOLUTION NO.
RESOLUTION TO AUTHORIZE THE CLOSING OF THE GROUP
TRAINING FUND AND TO TRANSFER ITS FUNDS TO THE
GENERAL FUND
WHEREAS, on December 18, 1964, the "GROUP TRAINING FUND" was
created to account for the financial activities in connection with management
training seminars which were conducted by the City and participated in by its
employees and those of other municipalities; and
WHEREAS, the Fund has been inactive for a number of years and there
is no longer a need for the Fund; and
WHEREAS, all obligations of the Fund have been satisfied and their
remains a cash fund balance of $63.30 in the Fund; and
WHEREAS, Section 7.11 of the City Charter does provide the City Council
with full authority by resolution to make permanent transfers between all funds
which may be created, provided that such transfers are not inconsistent with the
provisions of relevant covenants, the provisions of the City Charter, or State
Statute:
BE IT THEREFORE RESOLVED by the City Council of the City of Brooklyn
Center that the Director of Finance be directed to close the books and records
of the GROUP TRAINING FUND and transfer the amount of $63.30 to the GENERAL
FUND.
November 17. 1975
Date Mayor
ATTEST:
L V 'Clerk
The motion for the adoption of the foregoing resolution was duly seconded by
member Tony Kuefler and upon vote being taken thereon, the following
voted in favor thereof: Philip Cohen, Maurice Britts Tony Kuefler, Bill
Fignar, and Robert Jensen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.