1589 - Resolution - Interfund Transfer LoanRESOLUTION NO. 1589I-
A RESOLUTION OF THE CITY OF PORT ORCHARD,
WASHINGTON, AUTHORIZING AN INTERFUND
TRANSFER LOAN FOR THE STREET FUND.
THE CITY COUNCIL OF THE CITY OF PORT ORCHARD DOES
HEREBY RESOLVE THAT:
The City Treasurer of the City of Port Orchard be and
hereby is authorized to make a temporary interfund transfer loan
as needed, up to $10,000.00 to be repaid by December 31, 1991
with interest at 5.6% per annum:
From the Arterial Street Fund to the Street Fund.
PASSED by the City Council of the City of Port
Orchard, APPROVED by the mayor and attested by the Clerk in
authentication of such passage this 28th day of October, 1991.
C�4
LESLIE J. WEATHERILL, MAYOR
ATTEST:
Patricia Hower, City Clerk