HomeMy WebLinkAboutRESOLUTION 1994-20Suggested by=
Administration.
City of Kenai
RESOLUTXOH HO, g4-~O
A RESOLUTION OFT HE COUNCIL OF THE CITY OF KENAI, ALASKA
TRANSFERRING $10,000 IN THE GENERAL FUND FOR ADDITIONAL ..
ATTORNEY FEES RELATED TO INLET WOODS CASES.
WHEREAS, the City expects to incur approximately $15,000
during Apr/l, May, and June, 1994 in attorney fees related
to the MSM bankruptcy and the fraudulent conveyance
litigation, all related to Inlet Woods; and
WHEREAS, the City Attorney currently has approximately
$5,000 in his budget to help finance these costs.
NOW, THEREFORE,
KENAI, ALASKA,
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
that the following budget transfers be made~
General-F~nd
From= Other - Contingency
To= City Attorney - Professional
Services
$10,000
$10,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this
20th day of April, 1994.
ATTEST:
Carol L.-Fre~s, City Clerk
Approved by
(4/7/94)
kl
Finance=