R-01-12 Authorizing Transfer of Funds from Debt Fund to VH Improvement FundRESOLUTION _ J — ) a'
A RESOLUTION TO AUTHORIZE THE TRANSFER OF FUNDS
FROM DEBT FUND TO VILLAGE HALL IMPROVEMENT FUND
WHEREAS, the Village of Lemont has remaining funds from the Police Station
Construction Project in the Debt Service Fund; and,
WHEREAS, the Village Hall and old Police Station are related facilities under the Project
associated with the construction of the new Police Station; and,
WHEREAS, the Village has sufficient funds available to cover its debt obligations related to
the Project; and,
WHEREAS, the Village has approved design work to begin for future renovations to the
Village Hall and parts of the old Police Station.
NOW, THEREFORE BE IT RESOLVED by the President and Board of Trustees of the
Village of Lemont that:
SECTION 1: That the Village Treasurer is authorized to transfer remaining
Project Funds from the Debt Service Fund to the Village Hall Improvement Funds to cover
costs associated with said design work.
SECTION 2: Effective Date: This Resolution shall be in full force and effect from
and after its passage, approval and publication in the manner provided by law.
The Village Clerk of the Village of Lemont shall certify to the adoption of this
Resolution.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VI AGE OF LEMONT, COOK, WILL AND DU PAGE COUNTIES ILLINOIS
on this Day of Ja f(fia r f , 2012.
AYES: NAYS: ABSENT: ABSTAIN
Debby Blatzer V
Paul Chialdikas
Clifford Miklos ✓
Ron Stapleton
Rick Sniegowski
Jeanette Virgilio
CHARLENE M. SMOLLEN
Village Clerk
K. REAVES
President