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File #: 15-0525    Version: 1 Name: Transfer of Funds within Nature Parks Accounts
Type: Resolution Status: Adopted
File created: 8/27/2015 In control: City Council
On agenda: 9/8/2015 Final action: 9/8/2015
Title: Request to Transfer Funds in Nature Parks

Title

Request to Transfer Funds in Nature Parks

 

Summary

Description of Topic: (who, what, where, when, why and how much)

Request to transfer $5,000 from Nature Parks Capital Purchases to Nature Parks Events to purchase a Wagon for Events

 

Budgetary Impact:

   Non-Capital Item:

      ____ Budgeted under account #_______________ (discussion item)

      __X__ Not budgeted, requesting transfer of $_5,000______ from Account #_01-620-7040___ to Account #_01-620-8155____.

      ____ Not budgeted requiring increase to account #___________ in the amount of $____________.

 

   Capital - Departmental

      ____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.

                    Additional amount needed, if any: Increase in budget of  $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________

      ____ Not Budgeted - account #____________ requires budget increase of $_____________.

 

   Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**

      In current year Capital Projects Plan: 

        _____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________

        _____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________

 

Body

 

     WHEREAS, Graham Creek Nature Preserve plans to host multiple events annually where people can be toured through the Preserve, and

     WHEREAS, Fairhope Ironworks can fabricate a wagon, as needed, at a cost of $4,500.00, which is less than the $5,000 capital purchase amount.

     NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:

     SECTION 1:     Approves the transfer of $5,000 from Nature Parks Capital Account No. 01-620-7040 to Nature Parks Events Account No. 01-620-8155 for the purchase of a wagon from Fairhope Ironworks.

     SECTION 2:     This Resolution shall become effective immediately upon its adoption as required by law.