02-51RESOLUTION NO. 2002-51
CITY OF OTSEGO
COUNTY OF WRIGHT, MINNESOTA
A RESOLUTION TRANSFERRING AMOUNTS FROM
ONE FUND TO ANOTHER
WHEREAS, the Otsego City Council has established various
funds in the City accounting system to better account for
City finances.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
OTSEGO, MINNESOTA:
1. That the following transfers between funds are hereby
deemed appropriate.
A. The sum of $153,464, representing previous
payments from general tax revenues for the debt service
incurred in constructing Well#1, is transferred from the
1999 Water & Sewer Debt Fund to the Revolving Capital
Improvements Fund.
B. The sum of 15,856 is transferred from Park
Development Fund to Park Shelter Fund to reimburse that fund
for costs incurred constructing the Prairie Park shelter.
day of December, 2002
1-'T��H on, City Cierk
I
CITY OF OTSEGO
ar, o rnier, Mayor