94-079
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RESOLUTION NO. 94-79
A RESOLUTION AMENDING RESOLUTION NO. 94-49 AND
AUTHORIZING THE TRANSFER OF FUNDS
WHEREAS, the Shorewood City Council authorized the transfer
of certain funds in its Resolution No. 94-49; and,
WHEREAS, a transfer authorized in such resolution was
subsequently found to be in error; and,
WHEREAS, additional fund transfers due to completion of
capital projects and debt service requirements have been identified
since the adoption of said resolution.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Shorewood that:
1. The transfer of $87,000 from the Capital Reserve Fund to the
Park Capital Improvement Fund authorized in Resolution No.
94-49 is hereby reversed.
2. The funds known as Fund No. 46, Waterford III/TIF District #
1, and Fund No. 94, Sewer Improvement 1974, are hereby
authorized to be closed, and all account balances within such
funds are to be transferred to the Capital Reserve Fund.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this
26th day of September, 1994.
ATTEST:
_ /L ",nA lL ~~
Ja~~urm, City Administrator