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HomeMy WebLinkAboutRESOLUTIONS-2013-058-R-1310/1 /2013 58-R-13 A RESOLUTION Authorizing the Transfer of $9,900 from the Economic Development Fund to the Library Fund WHEREAS, the City of Evanston is a home rule unit of government and operates under the Budget Officer form of Illinois governmental budgeting; and WHEREAS, pursuant to Subsection 1-11-5-(F) of the City Code, the Municipal Budget Officer, subject to approval by the City Manager, shall have the power to revise the budget within any separate fund as may be required; and WHEREAS, pursuant to the same Subsection 1-11-5-(F), the City Council, by a vote of two-thirds (2/) of the members then holding office, shall have the 16 authority to revise the budget by transferring money from one fund to another; and WHEREAS, the City Council has determined it is in the best interests of the City of Evanston to transfer money from the Economic Development Fund to the Library Fund to support the creation of Chapter 1, a program -based entrepreneurship resource center at the Evanston Public Library, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS, THAT: SECTION 1: The foregoing recitals are hereby found as fact and incorporated herein by reference. SECTION 2: The sum of nine thousand, nine hundred and no/100 dollars ($9,900.00) shall be transferred from the Economic Development Fund's Is Economic Development Partnership Contribution Account to the Library Fund. 58-R-13 SECTION 3: The uses and expenditures of all said funds are all for lawful corporate purposes. SECTION 4: The City Manager shall direct the Municipal Budget Officer to make said transfer as soon as may be practicable. SECTION 5: This Resolution shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. Attest-,. Rodney Gr ne, City Clerk Adopted- -&jvbtr 2013 —2— Eli ieth B. Tisdahl, Mayor • • 0