HomeMy WebLinkAboutResolution #3318RESOLIITION N0. 3318
A RESOLIITION AIITHORIZING THE TRANSFER OF MONEY FROM THE COMMDNITY
DEVELOPMENT FUND TO THE GENERAL FIIND OF THE CITY OF CANTON,
ILLINOIS
WHEREAS, the Community Block Grant has been closed out for
several years and the balance in the account is no longer governed
by State Regulations, the City Council of the City of Canton,
Fulton County, Illinois has determined that it is in the best
interest to transfer Community Development Funds to the General
Fund and all monetary transactions be administered through the
General Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF CANTON, Fulton County, Illinois as follows:
1. That the balance in the Community Block Grant account of
a proximately Fourteen Thousand One Hundred and Fifty Dollars
($14,150.00) be, and the same hereby is, transferred from the
Community Development Fund of the City of Canton, Illinois to the
General Fund of said City, such a transfer being a transfer from
such fund to the General Fund of said City.
2. That the City Treasurer and the City Clerk of the City
of Canton, Illinois be and they hereby are, authorized and
directed to make the foregoing transfer.
3. That this Resolution shall be in full force and effect
immediately upon its passage by the City Council of the City of
Canton, Fulton County, Illinois and approval by the Mayor thereof.
PASSED by the City Council of the City of Canton, Fulton
County, Illinois this 16th day of April, 1996, upon a roll call
vote as follows
AYES: Aldermen May, Shores, 1Keade, Ni.differ, Phillips,
Sarff, Hartford, Molleclc.
NAYS: None.
ABSENT;None.
APP~VED tt „
Donald E. Edwards, Mayor
ATTEST:
Nan y White , City Clerk.