HomeMy WebLinkAboutResolution 2002-041 N.C.S. 02/25/2002 Resolution No.2002-041 N.C.S.
of the City of Petaluma, California
AUTHORIZING THE CITY MANAGER TO TRANSFER $1,250,000
FitOM THE GENERAL FI7ND TO THE
VEHICLE AND EQITIPMENT REPLACEMENT FiJND
WHEREAS, the City ended fiscal year 2001 on June 30, 2001; and
WHEREAS, at the end of that fiscal year the General Fund's unreserved fund balance
increased to $4,051,934; and
WHEREAS, the City Council wishes to use $1,250,000 of that balance to further
increase the balance of the Vehicle and Equipment Replacement fund;
NOW, THEREFORE RE IT RESOLVED, that. the City Manager of the City of
Petaluma, California is authorized to transfer $1,250,000 from the unreserved fund balance of the
General Fund to the Vehicle and Equipment Replacement Fund.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a (Regular) (Adjourned) (Special) meeting r
on the 25th......... day of February 20.02, by the
following vote: •
City Attorney
AYES: Cader-Thompson, Vice Mayor Healy, Maguire, Mayor Thompson, Torliatt
NOES: Moynihan
ABSENT: O'Brien
ATTEST: .................A.d„a.~.x
.1~•....:-:!c..
City Clerk ~ C~~f~{ Mayor
Council File
Res. No, 2002-041.........N.C.S.