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CITY OF ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO.7661 <br />RESOLUTION AUTHORIZING TRANSFER OF FUNDS <br />WHEREAS, the City of Orono sometimes transfers funds to balance or close out fund accounts, <br />reimburse funds from another fund, save for capital projects, and to make operating transfers; <br />NOW, THEREFORE, BE IT RESOLVED that the Orono City Council hereby approves the <br />following transfers: <br />Transfer From Transfer To <br />Amount Purpose <br />Improvement & Reversal of 2025 Annual Operating Transfer for <br />Equipment Outlay Fund Fleet Fund (701) $255,000.00 Capital Purchases approved at the November 10, <br />(405) 2025 Council Meeting. <br />Improvement & 2025 Annual Operating Transfer for Capital <br />Purchases related to stormwater equipment <br />Stormwater Fund (651) Equipment Outlay Fund $140,000.00 (405) related to the mini loader approved at the January <br />13, 2025 Council Meeting. <br />ADOPTED this 9th day of February 2026, by the City Council of the City of Orono. <br />ATTEST: <br />Christine Lusian, City Clerk <br />Bob Tunheim, Mayor <br />25 <br />