HomeMy WebLinkAboutRES 80-087 RESOLUTION ESTABLISHING A FUND FOR SEVERANCE PAYMENTS Meeting Sheet
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Box: 23
Folder: RES 1980
Document: RES 80-087 RESOLUTION ESTABLISHING A FUND FOR
SEVERANCE PAYMENTS
1 .
RESOLUTION 80-087
A RESOLUTION ESTABLISHING A FUND
FOR SEVERANCE PAYMENTS
Whereas, the City provides for severance payments for union employees
and most non-union employees;
Whereas, the City is required to provide for the funding of this
liability;
Now, Therefore, Be It Resolved that Fund No, 901, Severance Payments
Escrow Fund, is hereby established with money transferred as follows :
From To
Liquor Fund (No. 700) $10 ,0.00 Severance Paymen-ts_ Escrow
Sewer Fund (No. 702) 4500 Fund (No.,. '501")_
Water Fund (No. 703) 11,500
General. Fund (.No. 101) 2:2,000
General Reserve Fund (No. 201) 5,000
$40 ,000
Total $,4,0 ,000 $410 ,000
Adopted this C day of Decer� Ip�r , 1980 .
Mayor
ATTEST:
City Clerk
Reviewed for administration: �P"�.•-ems
Cit anager