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HomeMy WebLinkAbout111-90 RESOLUTIONRESOLUTION NO. 111-90 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS TO COVER THE LEGAL FEES REGARDING THE STANBERRY LAWSUIT AND APPROVAL OF A BUDGET ADJUSTMENT. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: the the Section 1. That the.Board of Directors hereby authorizes transfer of funds from te Unreserved Fund Balance to cover legal fees regarding the Stanberry lawsuit. Section 2. The Board of Directors hereby approves the budget adjustment in the amount of $17,000.00. 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 17th day of July ATTEST: o thtIca y Cit Ati i .% y t(iierk & „tIt-N • APPROVED: , By: Asst , 1990. CITY OF FAYETTEVILLE, ARKANSAS F 0 W a IN -YEAR SUPPLEMENTAL BUDGE M M CO ACCOUNT INFORMATION REQUIRING BOARD APPROVAL DATE REQUESTED Public Works DEPARTMENT BUDGET YEAR ACCOUNT TITLE 0 tT t` N 1 0 0 a) w 3 3 1n m w w • sa U) o • 41 ro CD a cn 0 z D 6. Professional Services ACCOUNT NUMBER PROJECT OR ITEM REQUESTED 0 O O N r ACCOUNT TITLE N 0 U Sa N m c c o r •.-I N S 1) Lk 'i O y O4 N O O 0 N0 UY o oo U • S • H c 4 v+ }.1 W }J 1 I •rl C.) o CO 3 G cC 'a o r -a om o E oZ o 0 .c al P �F aN G rN.ict 04 a O JUS' Fund Balance PROJECT OR ITEM DELETED ACCOUNT NUMBER Decrease Fund Balance 540-000-1-800.99 Fy P O A .o w co 0 wz 0 a ai Z I-1 ▪ P.w w 0 0 0 a OF a O W = r 0 :2; U U JUSTIFICATION OF THIS DECREASE_ with a sufficient balance to transfer o • to U 'U U c • w 0 • ro -Pa N Ol -el 0 In •a N E4J