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Resolution 20-72

THE CITY OF MONTICELLO, IOWA

RESOLUTION #2020-72

Authorizing the City Clerk to make the Appropriate Transfers of Sums and Record the Same in the Appropriate Manner for FY 2020 for the City of Monticello

IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA

WHEREAS,  The Council previously approved by Resolution 19-39, dated March 18, 2019 that the City Clerk be and is hereby authorized by the City Council to make the appropriate transfer of sums as set in FY 2020 budget and record the same in the appropriate manner.

WHEREAS, Council amended the FY 2020 budget and adjusted the transfer of funds.

NOW THEREFORE BE IT RESOLVED by the City Council of the City of Monticello, Iowa as follows:

SECTION 1:   Authorize the City Clerk to Transfer Funds.  That the City Clerk be and is hereby authorized by the City Council to make the appropriate transfer of sums as approved in the FY 2020 budget amendment and record the same in the appropriate manner.

SECTION 2:  Transfer of Funds. The City Clerk will transfer the following sums and to record the same in the appropriate manner:

  1. Increase the transfer from the General Fund to the Monticello Berndes Center – from $170,000.00 to $220,000.00 to support operation and the HVAC installation of the Berndes Center.
  2. Increase the transfer from General Equipment Set-Aside to Ambulance Improvement – from $0.00 to $75,000.00
  3. Increase transfer Airport Fund to C.P. – Airport Funds – from $3,000.00  to $34,953.00 for Airport AIP Grant match for Master Plan
  • And –
  •  
  • Decrease Transfer from the General Fund to Baty Disc Golf – from $10,000.00 to $0.00

NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 15th day of June 2020, that the City Council does hereby approve to make the appropriate transfer of sums listed above for FY 2020.

IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed.  Done this 15th day of March 2020.

Brian Wolken, Mayor

Attest:

Sally Hinrichsen, City Clerk