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HomeMy WebLinkAbout518RESOLUTION NO. s If' WHEREAS, the City of Kent, a ~unicinal cornoration of the State of r.,Jc.shington, desires to transfer as a loan, certain wonev from the Current Exnense Fund to the Park Dscr e Fund to enable the Ci t:v to nurchase a niece of real nronertv for exnansion of Park and Recreation facilities of the City of Kent; and T\JHF:R.EA.S, there 1s not nresently sufficient monies 1n the said Parkeis&&A fund to acco~nlish said nurchase; now, therefore, BE IT RESOLVED by the City Council of the City of Kent in re?ular :Meeting assembled, that the City Clerk and the City Treasurer of the City of Kent be authorized and em9owered and instructed and they are hereby exnressly authorized, emnowered and instructed to transfer from the Current Exnense Fund to the Park ~eare ~und to enable the City of Kent to obtain a niece of real nronertv for expansion of the recreational and nark facilities of the City of Kent, the sum of $2,100.00; and BE IT FU~THE~ RESOLVED that said Citv Clerk and said City Treasurer be authorized, e~nowered and instructed and they are herebv exnresslv authorized, empowered and in- structed to transfer back to the Current Fxnense Fund from the Park i;&r~ Fund the monev so borrowed whenever there is sufficient monies in the said Park ~11 j Fund to r~turn the money so borro~rJed. PASSED Bv THE CITY COUNCIL this day of~ ' ~ . ~~ ( 1964 •