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HomeMy WebLinkAboutRes 060 - Transfer Reserve Funds - Sunriver SD For Recording Stamp Only BEFORE THE GOVERNING BODY OF THE SUNRIVER SERVICE DISTRICT REVIEWED ______________ LEGAL COUNSEL A Resolution Authorizing the Transfer of Funds from the Reserve Fund (716) Contingency Account to the Reserve Fund (716) Expense Accounts and Directing the District’s Finance Director to Make Appropriate Entries. * * RESOLUTION NO. 2008-060 * * WHEREAS, it is necessary to transfer funds from the Reserve Fund (716) contingency account to the Reserve Fund (716) expense accounts; and WHEREAS, the Reserve Fund (716) contingency account has sufficient resources to make the transfer to the Reserve Fund (716) expense accounts; 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 SIXTY SIX THOUSAND DOLLARS ($66,000) from the Reserve Fund (716) contingency account to the Reserve Fund (716) expense accounts not later than 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. 2008-060 Res 060 - Transfer Reserve Funds - Sunriver SD.doc