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„,. <br /> 41, 111 <br /> a LsOLUTION JO. 2861 EC:7c:9//5-7 <br /> CLUTION” TR.ANFERRING THE :LUU. 02 ;,;1Z0,000 Faom <br /> THE GENERAL REL;ERVE ACCOUNT TO TEL GENERAL FUND, <br /> AJD PROVIDING FOR REIHDURSEflENT O 3AI1) SUM FROM <br /> THE GENERAL FUND TO TI GENERAL RE3ERVE FUND ON <br /> O.L. =.1'oRE THE E= OF TEE CURRENT FISCAL YEAR <br /> WHEREA3, it is necessary to aument the General Fund for the <br /> purpose of 7)lacinci said un& as nearly as possiLle on a cash basis; <br /> NUT, THEREFORE: <br /> DE IT RE%3OLVED EY THE COUNCIL 02 THE CITY OF REDWOOD CITY <br /> AS FOLLO1S: <br /> That the sum of One Eundred Fifty Thousand Dollars ($150,000) <br /> is hereby transferred and appropriated from the General Reserve <br /> Account to the General Fund for the purpose of meetin(; the <br /> current operatin expenses o the General Fund a.ad for the pur- <br /> pose of piacinc said fund as nearly as possiLle on a cash Lasis; <br /> and <br /> DE IT FURTHER RESOLVED: <br /> That all o said moneys so transferred from the General <br /> Reserve Account shall be returned thereto and said General Rserve <br /> Account shall be reimbursed in the full amount o said transfer, <br /> to wit, the sum of One Hundred Fifty Thousand Dollars ($150,000) <br /> from the General Fund on or before the end of the fiscal year <br /> July 1, 1959-June 30, 1930. <br /> 1 <br /> * * * <br />