HomeMy WebLinkAboutResolution #3291RESOLUTION N0. 3291
A RESOLUTION AUTHORIZING THE TRANSFER OF MONEY FROM THE GENERAL
FUND (SURCHARGE FUNDS) TO THE TA% INCREMENT 4A FUND OF THE CITY OF
CANTON, ILLINOIS
WHEREAS, the City Council of the City of Canton, Fulton
County, Illinois has determined that it is necessary to transfer
money from the General Fund (Surcharge Funds) to Tax Increment 4A
Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF CANTON, Fulton County, Illinois as follows:
1. That the sum of Seventy-nine Thousand Dollars
($79,000.00) be, and the same hereby is, transferred from the
General Fund (Surcharge Funds) of the City of Canton, Illinois to
the Tax Increment 4A Fund of said City, such a transfer being a
transfer from such fund to the Tax Increment 4A. Such funds are
to be used for the payment of the Industrial Park Lift Station.
2. As Tax Increment funds become available, the General
Fund will be reimbursed.
3. 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.
L,.. That this Resolution shall be in full force and effect
immediately upon its passage by the City Council of the City of
Canton and approved by the Mayor thereof.
PASSED by the City Council of the City of Canton, Fulton
County, Illinois at a regular meeting this 15th day of
August , 1995 upon a roll call vote as follows:
AYES: Aldermen Molleck, Hartford, Sarff, Phillips, Meade,
Shores, May.
NAYS: None,
ABSENT: Alderman Bohler.
APP ED:
onald E. Edwards, Mayor
ATTEST:
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