HomeMy WebLinkAbout1971-123 CCR Member John Leary introduced the following resolution
and moved its adoption:
RESOLUTION NO. 71 -123
RESOLUTION ESTABLISHING A TRANSIT FUND
WHEREAS, Section 7.11 of the City Charter of the City of Brooklyn
Center does provide that there shall be maintained in the City treasury a
classification of funds which shall provide for a General Fund for the payment
of such expenses of the City as the Council may deem proper, and such other
funds as may be required by State Statutes, ordinance or resolution; and
WHEREAS, the City Council of the City of Brooklyn Center shall have
full authority by resolution to make permanent transfer between all funds which
may be created, provided that such transfer are not inconsistent with the
provisions of relevant covenance, the provisions of the Charter or State Statutes; and
WHEREAS, on May 24, 1971 the City Council authorized $2,500.00 for
the operation of an internal bus circulatory and
WHEREAS, it is anticipated that an additional appropriation is required
to defer the cost of incidental expenditures; and
WHEREAS, since the operation of the bus circulator may extend over
a six month duration, the activities involved in said operation can best be
accounted for in a separate Public Service Enterprise Fund rather than through
the General Fund budgetary system:
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Brooklyn Center, Minnesota that there is hereby created as of June Z8,, 1971
a fund to be known as the Transit Fund.
BE IT FURTHER RESOLVED that the purpose of the Transit Fund is to
account for funds providing_ for the operation of the bus transit circulator.
BE IT FURTHER RESOLVED that the sum of $2,500.00 of unexpended
monies be transferred from the General Fund, Mayor and Council Professional
and Consultant Fees Account to the Transit Fund.
BE IT FURTHER RESOLVED that the sum of $250.00 be transferred from
the General Fund, Mayor and Council Contingency Fund to the Transit Fund.
RESOLUTION NO. -12
June 2 81, 1971��
Date Mayor
ATTEST:_ e %r
Cork
The motion for the adoption of the foregoing resolution was duly seconded
by member Howard Heck and upon vote being taken thereon, the
following voted in favor thereof: Philip Cohen, John Leary, Vernon Ausen,
Howard Heck and Theodore Willard;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.
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