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HomeMy WebLinkAboutRESO 6786 • . ' .... -.-~,.....~-, ..... ~~ .. (,,....".'·~·- R E S 0 L U T I 0 N N 0 • 678 --._. - - -_,. --- ------ TRANSFERRING FUNDS: The Council of the City of Palo Alto DO REOOLVE as follows: That the follo•·1ug sums set forth 1n the budget of 1928-1929, to-wit: {a) The sum o! '5000.00 from the surplus earnings of the municipal power plant !or a new power ~lant site and development, as shown on page 11 of the budget, is hereby tre.nsf$rred to the general fund, to be reappropriated therefz~m for said $~ec1f1c purpose: (b) The sum of $20,000.00 from the surplus earnings of the municipal power plar1t for the purchAse of Mayfield power distribution system, as shown on page 12 of the budget, is hereby transferred to the gtmeral fund to be reappropriated therefrom fer aa1d specific purpose: {c) The sum or $5,000.00 from the surplua earnings or the municipal gas plant for reclfJJne.tion work, for gaa plant site, as shown on page 13 of the budg~t is hereby transferred to the general fund to be ree.ppropriat~d therefrom for 6atd specific purpose. (d) The sum of $20,000.00 from 'the surplus earnings or the municipal gas plant, for the purchase of the Mayfield gks distributing aystem, as shown on page 14 or tne budget is hereby transferred to the general f'nnd to be reappropriated thoref'rom for said specific purpoae. The above and foregoing resolution was duly passed by the Council of the City of Pe.lo Alto at a called meeting held on the 25th day of July, 1928, by the following wte: A'YES: NOES: Bertsche~ Eorm, Christensen, Hobart, Hoge, Jordan, helly, Thoits, Wood. None. ABSENT: Cathcart, Cottrell, Lausten, Thomas, Whis Approved· . • --J&.l r "' ........ , .,..... ' , , '., .r -tV i ~ en :T.) -=; .. '