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HomeMy WebLinkAboutResolution 7661 Authorizing Transfer of Funds *rip OCITY OF ORONO RESOLUTION OF THE CITY COUNCIL NO. 7661 4kESHGv=" RESOLUTION AUTHORIZING TRANSFER OF FUNDS WHEREAS,the City of Orono sometimes transfers funds to balance or close out fund accounts, reimburse funds from another fund, save for capital projects, and to make operating transfers; NOW,THEREFORE,BE IT RESOLVED that the Orono City Council hereby approves the following transfers: Transfer From Transfer To Amount Purpose Improvement& Reversal of 2025 Annual Operating Transfer for Equipment Outlay Fund Fleet Fund(701) $255,000.00 Capital Purchases approved at the November 10, (405) 2025 Council Meeting. Improvement& 2025 Annual Operating Transfer for Capital Stormwater Fund(651) Equipment Outlay Fund $140,000.00 Purchases related to stormwater equipment (405) related to the mini loader approved at the January 13, 2025 Council Meeting. ADOPTED this 9th day of February 2026, by the City Council of the City of Orono. ATTEST: C ristin usia , ity Clerk Bob Tunheim,Mayor