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HomeMy WebLinkAbout1965-252 CCR r Member Phil Cohen introduced the following resolution and moved its adoption. RESOLUTION NO. 65 -252 RESOLUTION TRANSFERRING FUNDS FROM THE BOND FUND TO THE CERTIFICATE OF INDEBTEDNESS FUND WHEREAS, on April 1, 1964, Certificates of Indebtedness were issued in the total amount of $35,500.00 for the express purpose of retiring contracts payable on voting machines acquired in prior years, and WHEREAS, after paying these contract obligations, a residual balance of $207.00 remains in the bond fund with no designated purpose or authorization for expenditure, BE IT RESOLVED, by the Village Council of the Village of Brooklyn Center that the Director of Finance is hereby authorized and directed to take the actions necessary to transfer $207.00 from said Bond Fund to the Certificates of Indebtedness Fund, such funds to be used for retiring the obligation from which the residual amount arose. December 27, 19 65 Date Mayor ATTEST: C Clerk The motion for the adoption of the foregoing resolution was duly seconded by member John Leary and upon vote being taken thereon, the following voted in favor thereof: Gordon Erickson, Phil Cohen, Earl Simons, John Leary and Howard Heck, and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.