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HomeMy WebLinkAboutMove to 09-16-1941 • • . RESOLUTION WHEREAS, the City of Canton is now indebted to the Duck Island Gravel Company of Canton, Illinois, in the sum of Pl76.97 on account of material purchased by said city from said company and used in the c:_;nstruct- ion of the storm sewer commonly known as the Southeast Storm Sewer Project; and whereas, there is presently no funds available out of the General Fund with which to pay the above amount, which said amount according to the terms of the Contract heretofore entered into by said city and said company, bears interest according to the terms thereof; and whereas, there is now a balance in the Public Benefit Fund of said ci3ty, the immediate use of which is not necessary; and whereas, it appears expedient and to the best interest of the said city that the said sum so due be paid; THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS: That the sum of $176.97 be and the same hereby is appropriated and borrowed from the Public Benefit Fund of said city to the general fund of said city solely and only for the purpose of payinF the above amount now ow- ing the said company. BE IT EURTHEF RESOLVED that the said sum so appropriated and borrowed as aforesaid be repaid out of the General Fund of said city to the Public Bene- fit Fund when the same shall be available. Passed by the Council and Approved by. the Mayor this 16th day of Sept- ember, A. D. 1941. APPROVED: ----VQ- ,94-A-A-CLLA-A-cl MAYOR A;If//T �:�T; 12:- •-•=f---44.2,-) 1/ _► CITY CIIV