HomeMy WebLinkAbout1999-R-16RESOLUTION NO. 99-R - ~
RESOLUTION APPROVING CITY OF JEFFERSONVILLE LOCAL ROADS
AND STREETS FUND TO BORROW FUNDS FROM THE CITY OF
JEFFERSONVILLE SEWAGE FUND
WHEREAS, it has become necessary for the City of Je£fersonville Local Roads
and Streets Fund to borrow money from the City of Jeffersonville Sewage Fund;
WHEREAS, Indiana Code 36-1-8-4 authorizes temporary loans from mtmicipal
utilities;
WHEREAS, there is now within the Sewage Fund sufficient moneys to allow
this loan;
NOW THEREFORE, BE IT HEREBY RESOLVED that the Board of Public
Works and Safety hereby approves and authorizes the City of Jeffersonville Local Roads
and Streets Fund to borrow $250,000.00 from the Cit}{ of Jeffersonville Sewage Fund.
Adopted this /-~ dayof ~.~Jj.~..~. ,1999.
JEFFERSONVILLE BOARD OF PUBLIC
WORKS & SAFETY
Bob Goldman
g .
ob Miller
ATTEST:f~)
C. R~c~ar, d~Spencer,-Jr.
Clerk and Treasurer