1974-04 (Revenue Sharing)RESOLUTION PROVIDING FOR TRANSFER
OF REVENUE SHARING TRUST FUND TO
WATER AND SEWER CONSTRUCTION FUND
WHEREAS, there has accumulated in the City of
Okeechobee Federal Revenue Trust Fund from January 1, 1972,
through June 30, 1973, the total amount of $88,397.40, principal
and interest, and
WHEREAS, such sums were obligated as received for
expenditure for capital improvement water plant program, as
certified to in actual use report dated August 20, 1973, and
published August 23, 1973, and
WHEREAS, such funds are now required for actual use in
such capital program.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF OKEECFOBEE, FLORIDA:
That $88,397.40 be transferred from Revenue Sharing
Trust Fund to Water and Sewer System Construction Fund, to be
expended upon authorization of the City Council.
DONE, RESOLVED, AND MADE EFFECTIVE this 25th day of
September, 1973.
j
President of City Council
ATTEST:
�4,44
City Clerk