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HomeMy WebLinkAbout114 96COUNTY OF JEFFERSON STATE OF WASHINGTON In the Matter of the transfer of funds from the General Fund to the County Capital Improvement Fund RESOLUTION NO. 114-96 WHEREAS, the Board of Commissioners have established objectives to fund necessary capital projects with excess revenues received; and, WHEREAS', the Board of Commissioners has the discretionary authority to allocate said i~eo~e to any County government purpose; and, WHEREAS, in 1996 the General Fund received excess revenue from various revenue sources. NOW THEREFORE BE IT RESOLVED, that the County Treasurer is hereby authorized to transfer $100,000.00 from the County General Fund to the County's Capital Improvement Fund and said transfer shall occur as a residual equity transfer; and, BE IT FURTHER RE$OL FED, that said funds will be retained in the County Capital Improvement Fund and not used for renovation or any other project until such time that the County has developed, reviewed and approved a Capital Improvement Plan which will detail how the funds are to be spent. /g day of December, 1996 SEAL: ATTEST: Lorna L. Delaney, Clerk of the Board ~'~[e n--Hu nt ~n g ~o r d~l~l~