1926-4 Creating Special General Fundr!
The following Resolution was proposed by Councilman Scharfschwerdt, *-who
moved its adoption; motion seconded by Councilma.n Bird; and passed by the following
vote:
Yeas NOS.
H. H. DeYarman
H. H. Hancock
H. T. BaSE
J. Denham Bird
L. F. Scharfschwerdt
R E S 0 L U T 1 0 N
WHEREAS, the City Council of the City of Okeechobee, Florida, has from time to
time transfered from ceitain funds of said Citu certain amounts of money to the
General Fund to defray the general expenses of the City of Okeechobee,and
WHEREAS, these several sums of money should be transferred again from the
General Fund to the several funds from which moneys have been borrowed, and
WHEI�EAS, the City of Okeechobee has incurred certain obligations payable
out,of the General Fund, which obligations have not been paid, and
WHEREAS, in the opinion of the City Council the moneys borrowed by the
General Fund from the other several funds, and those certain accounts aforesaid,
hereinafter set out, can be more expeditiously handled bythr creation of a special
fund for that purpose; NOIfl THEREFORE;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY 07 OKEECHOBEE, FLORIDA, that
the -City Clerk of said city be and he is hereby directed to create and establish a
special fund, to be known as the �Zpecial General Fund".
d'% A'U
BE IT FURTEER RESOLVED, that four mills of that millage levied for the
General Fund go into the Special General Fund;
AND BE IT FUHTHER RESOLVED, that the Special General Fund be used only
for the liquidating and paying of the following obligations of the City of Okeechobee,
f
�Tlorida:
Borrowed by the General Fund from the Interest and Sinking Sewer Bond Fund. 900��00',
Borrowed by the General Fund from the Paving Lien Fund 8500-00
Borrowed by the General Fund from the Interest and Sinking Paving Time
Warrant Fund 1200.00
Owed by the General Fund,,to the Fenole Chemical Co. 2801.10
Owed by the General Fund in payment for bill for disinfectants 499-97
,0vi e d b y the General Fund to the Florida Power & Light Co. for street lights
-up to May lst, 1926 1636.83
�'Owed by General Fund to C. F. Walker on contract for ditching (,kpproxtMate1Y)2500-00,,-
BE IT- FURTHER RESOLVED., that said Special General Fund be used- for no
other purpo,ses except the payment of the above and foregoing obligations of --the
General Fund.