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File #: 011457    Version: 0
Type: Resolution Status: Passed
File created: 2/12/2002 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 3/5/2002
Effective date:    
Title: Resolution authorizing appropriation of $285,555.00 from the Common Council Contingent Fund to cover a shortage in the Library Board's Reciprocal Borrowing Special Fund Account. (Library)
Sponsors: THE CHAIR
Indexes: CONTINGENT FUND, MILWAUKEE PUBLIC LIBRARY
Attachments: 1. Fiscal Note.pdf, 2. Contingent Fund Request.PDF, 3. Budget Reply.PDF, 4. Fiscal Review Analysis.pdf
Number
011457
Version
ORIGINAL
Reference
 
Sponsor
THE CHAIR
Title
Resolution authorizing appropriation of $285,555.00 from the Common Council Contingent Fund to cover a shortage in the Library Board's Reciprocal Borrowing Special Fund Account. (Library)
Analysis
Adoption of this resolution authorizes an appropriation of $285,555.00 from the Common Council Contingent Fund to cover a shortage in the Library Board's Reciprocal Borrowing Special Fund Account.
Body
Whereas, The shortage in the Library Board's Reciprocal Borrowing Special Fund is due to Greenfield and Wauwatosa Libraries' signing of the current Member Agreement; and
 
Whereas, The Library Board's Reciprocal Borrowing Account will be underfunded for 2002 without this appropriation; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee, that the proper City officers be and hereby are authorized and directed to transfer $285,555.00 from the Common Council Contingent Fund (0001-9990-C001-2002-006300) to the Library Board's Reciprocal Borrowing Special Fund Account (0001-8610-R862-006300-2002).
Requestor
Library Board
Drafter
TS:WPL
elm
02/07/02