HomeMy WebLinkAboutTC Res 1979-06-06 (3)
RESOLUTION NO. 1048
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN
OF TIBURON ESTABLISHING CERTAIN RESTRICTED
FUNDS AND AUTHORIZING FUND TRANSFERS
WHEREAS, the Town of Tiburon has previously established
restricted fund accounts for specific financing purposes, and
WHEREAS, certain revenues are received by the Town for
special or restricted appropriations, programs, or activities, and
WHEREAS, the Citizen's Finance Advisory Committee has
recommended the creation of certain new restricted funds and fund
transfers,
NOW, THEREFORE, BE IT RESOLVED, that the Town Council of
the Town of Tiburon does hereby authorize the following fund
transfers and the establishment of those new Restricted Funds
accordingly (as underlined) :
1. Unallocated General Fund Reserve to the restricted
Insurance Reserve Fund ($55,000)
2. Unallocated General Fund Reserve to the restricted
Capital Replacement and Restoration Fund ($116,000)
3. Unallocated General Fund Reserve to the restricted
Civic Center/Town Hall Development Fund ($65,000)
PASSED AND ADOPTED at a regular meeting of the Town Council
of the Town of Tiburon on June 6 , 1979, by the following
vote:
AYES:
NOES:
ABSENT:
COUNCILMEN:
COUNCILMEN:
COUNCILMEN:
Bergsund, Bass, Rockey, Hanson, Edelstein
None
None
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JOA R. BERGSUND, ayor
Town of Tiburon
ATTEST: