Res 1832 - Transfer Funds
COUNCIL BILL NO. 2626
RESOLUTION NO. 1832
A RESOLUTION AUTHORIZING THE TRANSFER OF OPERATING CONTINGENCY
APPROPRIATIONS DURING FISCAL YEAR 2005 - 06.
WHEREAS, Oregon Revised statutes 294.450 allows for the transfer of
operating contingency appropriations within a fund to an existing
appropriations category within the same fund during the year in which
appropriations are made; and
WHEREAS, the City Council appropriated funds in the 2005-06 capital
budget to complete Phase I of the Settlemier Park Electrical Upgrade project;
and
WHEREAS, unforeseen conditions have arisen in the course of completing
the project which necessitate modifying the scope of work and increasing the
project budget; and
WHEREAS, a transfer of General Fund operating contingency
appropriations is necessary to pay for increased project costs; NOW, THEREFORE,
THE CITY OF WOODBURN RESOLVES AS FOLLOWS:
Section 1. That authorization is hereby given to transfer the following
operating contingency appropriation during fiscal year 2005-06:
GENERAL FUND:
Transfer From:
Operating Contingency (001.901.9971.5921) $18,300
Transfer To:
General Fund Capital Improvement (358.121.9531.5637) $18,300
Approved as to form:
City Attorney
Page 1 - COUNCIL BILL NO. 2626
RESOLUTION NO. 1832
.
Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
II ~'
ArrEST: J!J{'^Jt/~~
Mary Te nant City Recorder
City of Woodburn, Oregon
Page 2 - COUNCIL BILL NO. 2626
RESOLUTION NO. 1832
May 8, 2006
May 10. 2006
May 10, 2006
May 10, 2006
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