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HomeMy WebLinkAbout87-92 RESOLUTION (3)• RESOLUTION NO. • A RESOLUTION APPROVING A THE AMOUNT OF $175,000 WATER PURCHASE COSTS DISTRICT RESULTING FROM LAWSUIT. 87-92 BUDGET ADJUSTMENT IN TO COVER INCREASED FROM BEAVER WATER THE ILLINOIS RIVER BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Board of Directors hereby approves a budget adjustment in the amount of $175,000 from Use of Fund Balance, Account No. 5400-0940-4999.99 to Purchased Water, Account No., 5400-3800-5312.00 to cover increased water purchase costs from Beaver Water District resulting from the Illinois River lawsuit. A copy of the budget adiustment authorized is attached hereto and made a part hereof. • PASSED AND APPROVED this 2nd day of June . 1992. .4zAT'lEST:�" Z gy. /.li7l'Z 7.M •• City Cie 4, • f • W • 'G'l,^-f' %? TYM Cry APPROVED: Bv: • CITY OF FAYETTEVILLE, ARKANSAS IN -YEAR BUDGET ADJUSTMENT ADJUSTMENT # BUDGET YEAR 1992 DEPT: AJfl. Services -- DIV -;;:`Water Supply PIWG:Water Purchased DATE REQUESTED 5-13-92 PROJECT OR ITEM REQUESTED: Additional funds are requested to pay for additional purchased water costs associated with the Illinois River rasp. JUSTIFICATION OF THIS INCREASE Special assess ent'from Beaver Water District for :professional legal services charged to water costs. resulting frau the case of Arkansas vs Oklahoma over -the Illinois River rasp. PROJECT OR. ITEM DELETED: None JUSTIFICATION OF THIS DECREASE N/A INCREASE ACCOUNT TITLE Purchased water ACCOUNT NUMBER PROJ. NO. 5400-3800-5312 00 AMOUNT $175,000 DECREASE' ACCOUNT: TITLE.. Use of FluidBalance ACCOUNT NUMBER PROJ. NO. Snnn-0940-4949049 AMOUNT $175,000 REQUESTED BY BUDGET COORDINATOR DEPARTMENT DIRECTOR ADMINCES DIRECTOR DATE BUDGET OFFICE USE ONLY DATE OF APPROVAL Date 5-15-- 9z_ Entered Posted _s_is_ Type: A B C D E