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12 of 1960 - A resolution authorizing the distribution of the un-appropriated portion of the present 1960 Budget I Resolution No. 12 By-_Mayor.J._.Bracken.Lee GOMMisaioMER Authorizing the distribution of the Unappropriated Portion of the present 1960 Budget in the amount of $615,162.75 to the Statutory and General Account ear-marked for major Capital Improvements. Presented to the Board of Comrnissionert AND PASSED �� ; S 19e0 ' tANA14‘.8V4S1440.1 CITY RECORDER I i R .102 25 1-60 Q.P. - ROLL CALL Salt Lake City, Utah, April 25,. 196 0 VOTING Aye Nay ✓ I move that the Resolution be adopted. Christensen . - 7 / - Piercey . . . 4 Romney . . . ." Mr.Chairman RESOLUTION ‘ro Result . . . AUTHORIZING THE DISTRIBUTION OF THE UNAPPROPRIATED PORTION OF THE PRESENT 1960 BUDGET IN THE AMOUNT OF $615,162.75 WHEREAS, the Board of Commissioners of Salt Lake City, Utah, in setting the 1960 Budget, left unappropriated the sum of $615,162.75; and WHEREAS, it is necessary that said sum be distributed to permit its expenditure for certain Capital Improvements; and WHEREAS, the City is negotiating for the purchase of certain real property and to commence the construction of other Capital Improve- ments at this time and it is necessary to use said unappropriated sum for the purpose; and WHEREAS, the City would be unable to acquire said real estate now available and commence the construction of other Capital Improve- ments unless aid fund is made available; NOW, THEREFORE, notice is hereby given that on Monday, the 25th day of April 1960, at 5:00 o'clock P.M., the Board of Commissioners of Salt Lake City, Utah, will meet in their regular meeting place, Room 301 of the City and County Building, for the purpose of distribut- ing and appropriating the surplus of $615,162.75 to the Statutory and General Account ear-marked for major Capital Improvements, and to allow the expenditure of these funds for the purchase of real property and other capital improvements. In the opinion of the Board of Commissioners it is necessary to the peace, health and safety of the inhabitants of Salt Lake City,. Utah, that this Resolution become effective,immedia1ely., 6/4 Mayor This Resolution shall take effect upon its adoption. Adopted by the Board of Commissioners o? Salt? Lake,City, Utah this 25th day of April 1960. -7 / !, Mayor --- \` City Re o 1 r (bE, A L )