HomeMy WebLinkAboutresolution.council.016-70RECORD OF PROCEEDINGS
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RESOLUTION NO. 16
Series of 1970
WHEREAS, the City Council of the City of
Aspen made provision in the 1970 Annual Budget for a
Central Administration Fund in the amount of $249,398.75,
and
WHEREAS, the revenue for the Central Admin-
istration Fund was to be derived on an equal basis from
the General, Water and Electric Funds, and
WHEREAS, the contribution of the Electric Fund
requires a transfer from said Electric Fund to the General
Fund for the purpose of paying its share of the Central
Administration Fund expenses, and
WHEREAS, the City Council of the City of Aspen,
Colorado finds that it is in the best interests of the
City to authorize such transfer to be made monthly,
NOW, THEREFORE BE IT RESOLVED,
1. That the City Clerk and the City Treasurer
are hereby authorized and directed to transfer
each month the sum of $6,927.74 from the
Electric Fund to the General Fund for payment
of the Electric Fund's share of the Central
Administration expenses.
2. A copy of this Resolution shall be delivered
to the City Clerk and the City Treasurer as the
authority to effect such transfer.
DATED this /~ day of ~, 1970.
I, Lorraine Graves, do hereby certify that the
foregoing is a true and correct copy of a Resolution
adopted by the City Council of the City of Aspen, Colo-
regular meeting held on the _j~ day of
rad at he
~z WITNESS my hand and seal of said City this
day of ~J ,
1970.
~ City Clerk "-