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HomeMy WebLinkAbout08-98 RESOLUTION NO. 8-98 A RESOLUTION of the City Council of the City of Port Angeles, Washington, designating a portion of the general fund balance for certain capital projects. WHEREAS, the City Council has set certain goals and objectives for 1998 - 1999; and WHEREAS, those goals included certain major capital projects; and WHEREAS, it is in the community's best interest to improve and enhance the City's infrastructure; and WHEREAS, it is the City's policy, as set forth in the capital facilities plan, to fund certain capital projects from general fund reserves; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Port Angeles authorizes the Finance Director to designate $1 million of the general fund balance for the specific purpose of funding general purpose capital projects as identified in the 1998 - 1999 City Council goals and objectives. PASSED by the City Council of the City of Port Angeles at a regular meeting of said Council held on the 19th day of May, 1998. ATTEST: ...~ "~ (J)~ Gary Br un, Ma or -6n~ J~A Becky J. on, ity Cle k APPROVED AS TO FORM: C!.. · <J /~L Craig D. ~son, City Attorney