HomeMy WebLinkAbout03-190.docJUNE 24, 2003 03 - 190 RESOLUTION
(CARRIED___ 6 - 0 _____LOST________LAID OVER________WITHDRAWN________)
PURPOSE: TEMPORARY FUND TRANSFER TO TIF 13
INITIATED BY: CITY ADMINISTRATION
WHEREAS, the City is borrowing $1,365,720.00 from the State Trust Funds for TIF
13 that is expected to be received after June 27, 2003; and
WHEREAS, per resolution 03 - 160, all contractual responsibility and associated
funds for TIF 13 are to be transferred on June 27, 2003 from TIF 13 to the Redevelopment
Authority; a nd
NOW, THEREFORE, BE IT RESOLVED by the Common Council for the City of
Oshkosh that a fund transfer for $1,365,720.00 is hereby approved from:
Account No. 100 - 0071 - 3460 - 00000 – General Fund Equity to
Account No. 539 - 1040 - 5299 - 00000 – TIF13 – Tran sfers.