HomeMy WebLinkAboutRes 057 - Transfer Funds - Sunriver SD
REVIEWED
______________
LEGAL COUNSEL
For Recording Stamp Only
BEFORE THE GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT
* A Resolution Authorizing the Transfer of Funds
from Operating Fund (715) to the Capital Reserve
Fund (716), and Directing the District’s Finance
Director to Make Appropriate Entries.
RESOLUTION NO. 2008-057 *
*
*
WHEREAS, it is necessary to transfer funds from the Operating Fund (715) to the Capital Reserve Fund
(716) in order for the Capital Reserve Fund to be able to pay for acquired assets; and
WHEREAS, the Operating Fund (715) has sufficient resources to make the transfer to the Capital
Reserve Fund (716); now therefore,
BE IT RESOLVED BY THE GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT as
follows:
Section 1. The Sunriver Service District Finance Director is hereby authorized to transfer funds, the
aggregate not to exceed THREE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($335,000) from the
Operating Fund (715) to the Reserve Fund (716) before June 30, 2008.
Section 2. That the Finance Director is hereby directed to make such entries in the records of the
District for the fiscal year 2007-2008 as are necessary to reflect these transactions
DATED this _____ day of ____________________, 2008.
GOVERNING BODY OF THE SUNRIVER SERVICE
DISTRICT
_____________________________________________
DENNIS R. LUKE, Chair
ATTEST:
_____________________________________________
TAMMY MELTON, Vice Chair
_____________________________________________
______________________________ MICHAEL M. DALY, Commissioner
Recording Secretary
PAGE 1 OF 1 – RESOLUTION NO. 2008-057
Res 057 - Transfer Funds - Sunriver SD.doc