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HomeMy WebLinkAbout1972 Resolution No. 027I I I RESOLl1l'ION NO. 27 , SERIES OF 1972 A RESOLl11' ION CI.OSI?«; DEBRIS CLEARANCE FUND TO THE GENERAL FUND WHEREAS , the necessity of the Debris Clearance Fund no longer exists; and WHEREAS, it is the belief of the Finance Department and as recommended by Van Schooneveld, Sheperd and Co ., Accounting /operating study , January, 1972, that in closing the Debris Clearance Fund to the General Fund would streamline the Accounting System; NCM, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. All assets and liabilities of the Debris Clearance Fund shall become the assets and liabilities of the General Fund. Section 2. All expenditures of the Debris Clearance Fund incurred shall become the expenditures of the Gene ral Fund. Section 3. All revenue of the Debris Clearance Fund receivable or received shall become the revenue of the General Fund . Section 4 . 'l'he f und ba lance o f the Debris Clearance Fund shall be joined with the General Fund fund balance. Section 5. The actions as set forth in this resolution are effective as of January 1, 19 72 . ADOPTED AND APPROVED this 5th day of June , 1972. dn ,<~ MAYOR ATTEST: EX OFFICIO CITY CLERK I, Karl F . Nollenberger, ex officio City Clerk of the City of Englewood, State of Colorado , do hereby certify that the above and foregoing is a true, accurate, and complete copy of Resolution No . 7 7 , S rrir:-: n f Fl7 :1 . kf ~C!_ A/ c l.. \l_, 'QA ' f /. EX OPFlClO CI'l'Y CLE}U( ; )b~~··