HomeMy WebLinkAboutResolution 02-2002 RESOLUTION NO. 02-02
A RESOLUTION AUTHORIZING AN ADVANCE OF FUNDS AND
A TRANSFER OF FUNDS
WHEREAS,there is a need to finish 3,300 square feet of space at the Research&Technology
Building; and
WHEREAS, leases will be negotiated and executed prior to the awarding of bids for the
construction that will establish a regular lease rate plus reimbursement to the city for that portion
of the work to be completed costing more than $30 per square foot; and
NOW, THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL that the City Manager
be authorized to make a transfer of$45,000 from the Multiplex Phase-I Fund to the Research &
Technology Fund; and
BE IT FURTHER RESOLVED BY THE CITY COUNCIL that the City Manager be
authorized to make an advance from the General to the Research& Technology Fund in the
amount of$100,000, amortized over not more than five (5) years.
Passed and approved this 14th day of January, 2002.
CITY OF B OHINGS
�
Virgil . erriott, Mayor
T �
o���r•"'I N��AA e,➢O .
.. �+S �� oo•? ! � C�/ h�j /
' W
' � P es, City Clerk