HomeMy WebLinkAbout3111 RESOLUTION No.~//
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3 lnmmEAS, the City of' Kent, a municipal corporation of the
tate of Washington, desires to transfer, as a loan, certain
4 oney from the Current Expense rund to the Park Fund, Capital
utlay; and
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-~ WSIREAS, said money is to be borrowed for the purpose of
/1) ~ at+ng a p9rtion of' the cost of the acquisition of certain land
,· ~/ · : n~~he. Ci~ of Kent tor a city park and recreation area;
~--·,.,· 7 : , ~"' IQ.;t ~-FORE, BE IT RESOLVED by the City Council of' the City
8, f:,~entt. itv regular meeting assembl. ed that the City Clerk and the
'!_ /. !~1 Tr.eaiurer of' the City of' Kent be authorized, empowered and
? .9 .. ·ine~:t;l,letetf, and they are hereby eXJ)ressly authorized, empowered
~ · nc;,...,1~:stlf~cted, to transfer from the C-urrent Expense Fund to the
, ? 10/ ,.,r~>FunGt7• Capital Outlay, the sum of Four Thousand t11i9'-HU.udr~d _, .-' ~f,•1 5oe.oo) Dollars •
. l:l . ··/ 1 f 1 B~IT FURTHER RESOLVED that the said City Clerk and City \.tP 12 ' r~Jt~er of the City of' Kent be authorized, empowered and instruct
./. ed!1 .. a.n;. ther are hereby expressly authorized, empowred and instruct
.../ 13 edJto ;:'l;r.ansfer back to the Current Expense Fund from the Park Fund,
Capit~ Outlay, the moneys so borrowed, whenever there is
14 sufficient amount in the said latter fund to retuan the moneys
borrowed.
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Passed by the City Council this 6th. day of March, 1950.
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Attest: c-1, ~ ~) ~ 1~ ~ ~
· City erk ,