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Resolution Number 69-7-14-1119 RESOLUTION NO. 69-7-14-1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO APPROVING THE TRANSFER OF CERTAIN FUNDS FROM THE UNAPPROPRIATED FUNDS BALANCE AND THE GENERAL FUND. WHEREAS, as of June 30, 1969, the close of the fiscal year, it became necessary to establish specific reserves for encombrances, to wit, $29,000.00 - Street Improvements - Stoeffel Tract; $30,000.00 - City Hall Building; and WHEREAS, to effect the establishment of said reserves it became necessary to transfer said sums from the Unappropriated Fund Balance; and WHEREAS, because of the extensive flood damage of January and February, the Municipal Sewer District Fund showed a deficit of $16,843.40; and WHEREAS, it became necessary to transfer cash from the General Fund to the Municipal Sewer District Fund to eliminate such deficit as of June 30, 1969; and WHEREAS, the City Council finds that it is in the best interests of the City of San Juan Capistrano to confirm the actions of the Director of Finance in making the transfers hereinabove set forth. NOW, THEREFORE, BE IT RESOLVED, by the City Council that it confirm and it does hereby confirm the action of the Director of Finance in transferring from the Unappropriated Funds Balance to Reserves for Encumbrances of Street Improvements - Stoeffel Tract in the sum of $29,000.00 and of City Hall Building in the sum of $30,000.00 and in transferring cash from the General Fund to the Municipal Sewer District Fund in the amount of $16,843.40. AND BE IT FURTHER RESOLVED that the Director of Finance be and his is hereby directed to transfer revenues as they accrue to the Municipal Sewer District Fund during the fiscal year 1969-70 to reimburse the General Fund. The foregoing Resolution is approved and signed by me this 18th day of July, 1969. �� Mayor ot the City ot 5an Juan Capistrano 120 ATTEST: ity erk of the City o an Juan Capistrano STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, ERNEST A. THOMPSON, City Clerk of the City of San - Juan Capistrano, California, hereby certify that the foregoing is a true and correct copy of a resolution of the City Council of said City numbered 69-7-14-1, adopted by the City Council on the 14Ln day of July, 1969, and was so passed and adopted by the following stated vote, to wit: AYES: COUNCILMEN: DURNFORD, BATHGATE, FORSTER, OLIVARES and CHERMAK NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: NONE c City Clerk