RES 64-01 TRANSFER OF FUNDRESOLUTION
A Resolution a~bhorizing the transfer
of funds.
WHEZ~EAS, the extensions and improvements to the Town's
water system resulted in unforseen capital expenditures, and
*~]REAS, construction of a n~v storage reservoir required
extensions and alterations not included in estimates:
N~, T[~REFOR be it Resolved by the Town Council of the
Town of Winslow, Washington:
2hat the sum of ~2000. be transferred from the Sewer Fund
to the ~ater Fund on a loan basis, -
That repayment of the loan shall be made before the close
of the year 196~
That from this loan the Water Fund shall close out the
Water Construction Fun8 by transfer of 91~.~9 between said Funds
Passed by unanimous vote of the Town Council and approved
by it's ~yor this 17th ~ay of latch, 196~.
Mayor
ATTEST