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HomeMy WebLinkAboutresolution.council.005-61RESOLUTION WHEREAS, the City of Aspen has read on final reading Ordinance No. 4 (Series of 1961) providing for the expenditure of $38,000.00 in excess of the Budget for the calendar year 1961 to be used for the improvement~::of the domestic water system for the City of Aspen, WHEREAS, the City of Aspen has available in the Electric Revenue Fund the sum of $10,000.00, in the Electric Contingent Fund the sum of $8,000.00, and in the General Street Improvement Fund the sum of $20,000.00, and the expenditure of said monies in such funds shall not be required and it is deemed advisable by the City Council that the total sum of $38,000.00 from such funds be trans- ferred to the Special Water Fund for eXpenditure according to the provisions of Ordinance No. 4 (Series of 1961), NOW, THEREFORE, be it RESOLVED: 1. That the Treasurer and the City Clerk shall and they are hereby authorized to transfer to the Special Water Fund the sum of $38,000.00 from the following funds according to the amount set opposite each account: Electric Revenue Fund $10,000.00 Electric Contingent Fund 8,000.00 General Street Improvement Fund 20,000.00 2. That a certified copy of this Resolution shall be delivered to the Treasurer for the City of Aspen and to the City Clerk for the permanent records in their respective offices. Dated at Aspen, Colorado, this ~ day of May, 1961o