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HomeMy WebLinkAbout2006-19 U RESOLUTION 2006-19 RESOLUTION TO TRANSFER GENERAL OBLIGATION BOND FUNDS TO THE HARDIE CAPITAL PROJECT WHEREAS, the Town Council having received a recommendation from the Administration for the transfer of funds from the General Obligation Bond to the Hardie Capital Project; and WHEREAS, the Town Council reviewed the Administration's recommendation in a public work session held August 15, 2006, and instructed staff, on the advice of the Town's legal counsel, to prepare the appropriate documentation to facilitate the transfer of funds; NOW THEREFORE be it RESOLVED by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 5th day of September 2006 that the following transfer of General Obligation Bond funds to the Hardie Capital Project are hereby authorized: 1. Transfer of $43,216.76 from the Sewer Line Repair Account, #217916.7030, to the Hardie Capital Project. 2. Transfer of $67,532.76 from the Skateboard Park Account, #107916.7104 to the Hardie Capital Project. This resolution is effective upon adoption and is hereby adopted this 5th day of September 2006 by the duly recorded vote of the Town Council of the Town of Pulaski, Virginia as follows: Jeffrey S. Worrell -Aye Dan Talbert, Jr. -Aye Lane R. Penn -Aye ATTEST: Patricia Cruise, Clerk of Council Joel B. Burchett, Jr. -Aye David L. Clark -Aye Larry Clevinger, II -Aye THE TOWN OF PULASKI, VIRIGNIA By: , C ar es L. Wade, Mayor •