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HomeMy WebLinkAbout1997-07-28 97-338 RESOLVECOUNCIL ACTION Dem No 97-338 Date: 7-2&97 Item/Subject: RESOLVE: Transferring $5,000 from Adopt -A -Park Trust Account to Operating Account Responsible Department: City Manager Commevhry: This Resolve would transfer $5,000 from the Adopt -A -Pads Trust Account No. 600-3534112ItoaPeaks Maimerance Account, which will be established by the Finance Department, m cover Mjo%ted I997-98 equipment, materials, and projaMs in the adopted parks. The Finance Depa0nent stipulates that funds cannot be directly accessed hnm trust accounts. Manager's Conrmmk: r� ALaftwnµ.vlq afi M Associated Information: Resolve Budget Approval: ' tmarlCC l)LLEemr ' Legal Approval: city anto* Introduced for - Passage First Reading Page _ of a Referral to Fin. Committee August 4,1997 @ 5 p.m. 9]-338 Assigned to Councilor Soucy July 28, 1997 CITY OF BANGOR (TITLE.) P501re Transferring $5,000 from Adapt -A -Park Funds C 4830 for 199]-98 Pisco ll. Year Pro acts _ ..............°....... ..... ...........4.._ ..._..._................. ........ ..1._.._.._. BY de City Ltreao8 ofthe City of Bumper. BBBOLVBD, WHEREAS, The City Council established an Adopt -A -Park Trust Account consisting of funds appropriated by various 'Oqi ._._. businesses and organizations and WHEREAS, Trust account funds can no longer be a sed directly to pay for parks equipment, projects, etc. and WHEREAS, The current ent balance of funds in the Adopt -A -Park accountis over $21,000 NOW, THEREFORE, BE IT RESOLVED THAT an amount of $5,000 be transferred from the Adopt -A -Pack account to Parks Maintenance account 4830 for the purpose Of funding projects during the 1997-98 Fiscal Year. IN CITY COUNCIL July 28, 1997 First Reading Referred t0 Finance Commit[ IN CITY COUNCIL August 11, 1997 Passed F 97-338 R E S O L V E t ,oeimt,L�m�i sB.uW Transferring $5,000 from "OP611A-Park Funds to 6830 for 1997-98 Fiscal Year