HomeMy WebLinkAbout124-89 RESOLUTION" .,
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RESOLUTION NO. .124-89
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A RESOLUTION AUTHORIZING THE BUDGET ADJUSTMENT
OF $40,000.00 TO COVER INVESTMENT FEES FOR THE
POLICE PENSION FUND.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the Board of Directors hereby authorizes
the budget adjiistment of $40,000.00 to be used for the Police
Pension Fund. The adjustment is required to pay the investment
fees with another firm and revenue from the investments will cover
this fee-. A copy of the budget adjustment authorized for
execution hereby is attached hereto marked Exhibit "A" and made a
part hereof.
PASSED AND APPROVED this 19th day of December , 1989.
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EXHIBIT A
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Funds to cover cost of Investment. Fees
PROJECT OR ITEM REQUESTED
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REQUIRING BOARD APPROVAL
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IN -YEAR SUPPLEMENTAL BUDGET REQUEST
CITY OF FAYETTEVILLE, ARKANSAS