HomeMy WebLinkAbout2002-188 CCRadoption:
Member Kay Lasman introduced the following resolution and moved its
RESOLUTION NO. 2002-188
RESOLUTION CREATING THE EARLE- BROWN HERITAGE CENTER
CAPITAL FUND AND PROVIDING FOR INITIAL FUNDING OF $100,000
WHEREAS, a need for a capital fund for the Earle Brown Heritage Center (EBHC)
that will provide an ongoing funding mechanism for capital items has been recognized; and
WHEREAS, a cash analysis for the EBHC operation for the fiscal year ending
December 31, 2002, identifies a cash surplus within a conservative range that would permit the
transfer of $100,000 to the EBHC Capital, Fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
EBHC Capital Project Fund is hereby established.
BE IT FURTHER RESOLVED: that a transfer of $100,000-from the EBHC
operating fund be transferred to the EBHC Capital Project Fund effective the date of adoption.
December 9, 2002
Date
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ATTEST: o
City Clerk
Q Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
Ed Nelson
and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kay lasman, Ed Nelson, Bob Peppe, and Tim Ricker;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.