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HomeMy WebLinkAboutRes2000-061 I I I Sponsored by: Janke CITY OF SEWARD, ALASKA RESOLUTION 2000-061 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, INCREASING THE LEGAL BUDGET FOR THE ELECTRIC ENTERPRISE FUND FROM $15,000 TO $40,000 FOR THE 2000 BUDGET TO COVER UNANTICIPATED LEGAL EXPENSES. WHEREAS, several unanticipated legal expenses for the Electric Department Enterprise fund have caused the 2000 budgeted amount of$15,000 to be exceeded by $4,085 YTD; and WHEREAS, estimated expenses for the balance of the year are estimated to be approximately $20,000; and WHEREAS, sufficient funds are available from the Electric Department Retained Earnings to fund this increase in budget; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The City Manager is authorized to transfer $25,000 from the Electric Fund Retained Earnings Account 501-0000-3050 to Account 501-5400-5170, Legal. Section 2. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 12th day ofJune, 2000. THE CITY OF SEWARD, ALASKA C l2-, /3~~, Edgar Blatchford, Mayor CITY OF SEWARD, ALASKA RESOLUTION 2000-061 AYES: NOES: ABSENT: ABSTAIN: King, Orr, Calhoon, Shafer, Clark, Blatchford None Brossow None ATTEST: ~/~ Patrick Reilly City Clerk "",....",, (Citi'~~~!.~~~;~~ .$' <Jgp....~A~....~() ~ ~... . WV'~:.. ~ ~ : -.-~. ~ = : \ : :.: SEAL .- : : : = '$ '. - i :: .. ~....~- ~"'.Iif:.' -~ o,vlie 1 "t.. ~ "L '. '>O:'::.....Io.:.....fO , ~.;, ~- OF ,..v"",.. ",....."" -2-