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Res. #24-028 - Trasfering Funds from Enterprise Funds to Equip. Replacement Fund
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Res. #24-028 - Trasfering Funds from Enterprise Funds to Equip. Replacement Fund
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12/12/2024 11:20:21 AM
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COUNTY OF ANOKA <br /> CITY OF CENTERVILLE <br /> Resolution #24-40,2P <br /> A RESOLUTION TRANSFERING FUNDS FROM ENTERPRISE FUNDS <br /> TO THE EQUIPMENT REPLACEMENT FUND <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE, MINNESOTA <br /> WHEREAS,the 2024-2034 Equipment Replacement Schedule has been modified by the City Council; and <br /> WHEREAS,the current level of funding is inadequate to cover all anticipate equipment purchases; and <br /> WHEREAS,the City Council desires to equitably fund equipment purchases from funds based on their usage; <br /> NOW THEREFORE,BE IT RESOLVED by the City Council of the City of Centerville, County of Anoka, <br /> State of Minnesota, that the Equipment Replacement Schedule as attached is hereby adopted as presented; and <br /> BE IT FURTHER RESOLVED that the following sums be transferred to 409 -Equipment Replacement Fund in <br /> 2024: <br /> Fund One-Time Transfer <br /> 601 -Water $100,000 <br /> 602- Sewer $100,000 <br /> 603 - Storm Water $ 50,000 <br /> Passed and Adopted by the City of Centerville this 11th day of December, 2024. <br /> Mayor,D. Love <br /> City Clerk, Teresa Bender <br />
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