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Ordinance - Dormant Fund

Ordinance 2017-02 Ordinance to Transfer Dormant Fund Balance WHEREAS, the Town Council of the Town of Wolcott, White County, Indiana finds that the purpose for which the #304 INDOT TE GRANT-US24 STR Fund was created is no longer in effect, and is now dormant, and, WHEREAS, the monies collected into this Fund has not been appropriated and the Fund has become dormant; and, NOW, THEREFORE, BE IT RESOLVED, that the Town Council of the Town of Wolcott, White County, Indiana, does hereby declare the #304 INDOT TE GRANT-US24 STR Fund to be dormant and authorizes the Clerk-Treasurer to Close the Fund and transfer the remaining balance to the Town’s Rainy Day Fund #245. ADOPTED THIS ________Day of___________________, 2017 TOWN COUNCIL OF THE TOWN OF WOLCOTT




_______________________________________

Michael A. Yelton , Council President

_________ _________

For Opposed



_______________________________________

Fred A. Young, Council Vice President

__________ _________

For Opposed



_______________________________________

Tina M. Orns , Council Member

_________ _________

For Opposed







_______________________________________

Michael J. Johnson, Council Member

__________ _________

For Opposed



_______________________________________

, Council Member

__________ _________

For Opposed


ATTEST:


______________________

Tammy L. Seward

Clerk-Treasurer

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