Ordinance No. 2017-02 Dormant Fund2/7/2017
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Ordinance 2017-02

 

Ordinance to

Transfer Dormant Fund Balance

 

            WHEREAS, the Town Council of the Town of Wolcott, White County, Indiana finds that the purpose for which the #304 INDOT TE GRANT-US24 STR Fund was created is no longer in effect, and is now dormant, and,

            WHEREAS, the monies collected into this Fund has not been appropriated and the Fund has become dormant; and,

 

            NOW, THEREFORE, BE IT RESOLVED, that the Town Council of the Town of Wolcott, White County, Indiana, does hereby declare the #304 INDOT TE GRANT-US24 STR Fund to be dormant and authorizes the Clerk-Treasurer to Close the Fund and transfer the remaining balance to the Town's Rainy Day Fund #245.

 

ADOPTED THIS         7          Day of            February       , 2017

 

TOWN COUNCIL OF THE TOWN OF WOLCOTT


 

 

______________________________                  _____________________________

Michael A. Yelton, Council President                   Michael J. Johnson, Council Member

_________                _________                            __________              _________

     For                           Opposed                                  For                             Opposed

 

 

______________________________                  ______________________________

Fred A. Young, Council Vice President                               , Council Member

__________              _________                            __________              _________

     For                             Opposed                                For                             Opposed

 

                                                                                    ATTEST:

______________________________                 

Tina M. Orns, Council Member                           ______________________________

_________                _________                            Tammy L. Seward

     For                           Opposed                             Clerk-Treasurer

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