1072 - Resolution - Temporary Transfer LoansRESOLUTION NO. 1072 Z
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF PORT ORCHARD: �
THAT the Treasurer of the City of Port Orchard be and hereby is
authorized to make the following temporary transfer loans with interest
to be computed at the rate of 5% per annum:
From Sewer Fund to Water Fund $952,25; from Park Fund to Library
Fund $483.30; from Sewer Revenue Bond Fund to Water Revenue Bond Fund,-1961
$347.23, and from Sewer Revenue Bond Fund to Water Revenue Bond Fund-11963
$ 52.04.
BE IT FURTHER RESOLVED. THAT the Clerk be authorized to make Ithe
following budgetary appropriations for 1968: to Current Expense, General
Government $392.14 (Capital Outlay -City Hall Improvements); to Water Fund
$5,677.12 (Maintenance & Operation $194.72 and Capital Outlay $5,282.,40);
to Street Fund $3,157.21 (Capital Outlay, Equipment $34.83 and Capital Out-
lay, Construction $3,122,38; and Arterial Street Fund Construction 101,780.68
and Arterial Street Fund Urban Arterial Account, Engineering $12,000.00.
BE IT FURTHER RESOLVED THAT the Clerk be authorized to make the
following 1968 departmental budgetary transfers: Current Expense Fund,
from Police Department to General Government $2,691.31 and from Fire
Department to General Government $522.85.
BE IT FURTHER RESOLVED THAT the Clerk be authorized to make('the
following budgetary 1968 bud eta classification transfers as follows: Current
Expense Fund, General Government, from Salaries & Wages to Maintenance
and Operation S21.75 and f rom.Other Expenditures (Non -Direct) to Capital
Outlay $2,240.00; Police Department, from Salaries & Wages to Maintenance
and Operation $2,200.51 and to Capital Outlay $68.28; Fire Department,
from Capital Outlay to Maintenance & Operation $805.42; Water Fund, from
Salaries & Wages to Maintenance and Operation $1,075.23 and Other Expend-
itures (Non -Direct) to Capital Outlay $1,990.00; Street Fund, from Maint-
enance & Operation to Capital Outlay $1,738.84 and from Other Expenditures
(Non -Direct) to Capital Outlay $1,401.30 and to Salaries & Wages $1,0P8.70;
Sewer Fund, from Capital Outlay to Salaries & Wages $1,980.68; Park Fund,
from Capital Outlay, Improvements to Salaries & Wages $128.30.
DATED THIS 27th day of January, 1969.
IAYOR
ATTEST:
�?f
CITY CLERK