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HomeMy WebLinkAboutResolution 619 Refunding City Bond Fund ..------.-..-...- -... --.-.. -- Iti:' COMMISSION RESOLUTION NUMBER 619 A RESOLUTION OF Tfffi COMMISSION OF THE CITY OF BOZEMAN, MONTANA FOR THE TRANSFER OF FUNDS FROM THE REFUNDING CITY BOND FUND TO THE GENERAL FUND OF SAID CITY; AND ALSO PROVIDING THAT ANY ASSETS OR FUNDS ACQUIRED BY SAID REFUNDING CITY BOND FUND AFTER THE PASSAGE AND ADOPTION OF THIS RESOLUTION SHALL BE TRANSFERRED TO THE GENERAL FUND AND BECOME A PART OF THE GENERAL ~~ND OF THE CITY OF BOZEMAN. PREAMBLE I WHEREAS, The City of Bozeman has paid in full all the outstanding debt of the Warrant Refunding Bonds of The City of Bozeman and all bonds have now been retired, and WHEREAS, the cash balance in the Refunding City Bond Fund is $3,379.33 as of January 31s t, 1948, and there are no further bonds or interest to be paid from said Refunding City Bond Fund, and WHEREAS, the City Manager has recommended that the transfer of funds from the Refunding City Bond Fund to the General Fund be made. NOW, Therefore, in consideration of the premises, and pursuant to the authority granted by Section 5505, R.C.M., 1935. BE IT RESOLVED BY THE COMW:ISSION OF THE CITY OF BOZEMAN; Section 1. That the Director of Finance be, and he is hereby ordered and author- ized to transfer from the Refunding City Bond Fund $3,379.33, the cash balance as of January 31st, 1948 to the General Fund of the City of Bozeman. Sec tion 2. That if after the payment of said balance to the General Fund there is any money or other assets remaining in or acquired by said Refunding City Bond Fund, this shall be the authority for the Director of Finance of The City of Bozeman to I make such transfer of said assets, and to make appropriate entries in his books of account as such Director of Finance as will faithfully and accurately show the trans- actions herein and hereby authorized and provided for. Passed and adopted by the Commission of The City of Bozeman at a regular session thereof held on the 4th day of February, 1948. Attest: ~ ~~!A.r.1 / #~~ erk of the ommission Mayor S ta te of Mon tans ) ) se County of Gallatin) I, L. G. Shadoan, Clerk of the Commission of the City of Bozeman, do hereby certify that the foregoing Resolution No. 619 was published by title and number in the Bozeman Daily Chronicle, a newspaper of general circulation printed and pub- lished in said City, in the issue of February 6th, 1948, and that due proof is on file in my office. IN WITNESS WHEREOF I hereunto set my hand and affix the seal of my office,this I 7th day of February, 1948. ~"'~~ C erk of the Commission Resolution No. 619