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HomeMy WebLinkAboutRes 08-45 09/04/1945 No. 8 -45 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE GENERAL LIABILITIES AND BOND AND INTEREST FUNDS TO TIM GENERAL CORPORATE FUND. * * * * * WHEREAS, the Ohio National Life Insurance Company judgement heretofore rendered against the Village of Mount Prospect has been paid in full, and all general obligation and equipment bonds here- tofore issued by this village have been paid in full and cancelled; and WHEREAS, funds aggregating the sum of $5140.68 allocated to the General Liabilities fund, the Delinquent Waterworks extension bond fund and delinquent Fire Truck bond fund, are now on hand and no obligations to which to apply said funds; and WHEREAS, such surplus funds may be transferred to the General Corporate fund as by Statute provided; now, therefore: BE IT RESOLVED BY THE; PRESIDENT AND THE BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS; That the General Liabilities fund in the sum of $51.05; the Delinquent Waterworks Extension bond fund in the sum of $203.52; and the delinquent Fire Truck bond fund in the sum of $286.11 be and the same is hereby transferred to the General Corporate fund according to the Statute in such case made and provided. PASSED this day of September, 1945. APPROVED this d day of September, 1 9 . 5•