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HomeMy WebLinkAbout2000-03-20-Resolutions 00-34_Utilities Loans - Specify UseCITY OFWaukeeATHEKEYTOGOODLIVING RESOLUTION NO.00-34 SPECIFYING USES OF LOANS OR CONTRIBUTIONS FROM MUNICIPAL UTILITIES WHEREAS,the City of Waukee municipal utilities (gas,water and sewer)are occasionally called upon to loan or contribute funds to the City for public pUlpose projects,AND, WHEREAS,the funds generated by these utilities are best reserved for utility improvement purposes, AND, WHEREAS,the City intends to discourage use of utility fund balances for the purpose of subsidizing non-utility projects UNLESS the City Council adopts a resolution specifying the public purpose served by the use of utility fund balances for non-utility purposes, NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 20th day of March,2000 that it hereby indicates its opposition to the use of utility fund balances for non-utility purposes unless a resolution indicating the specific public purpose served by the non-utility use of utility funds is adopted by the City Council. ATTEST: ROLLCALL A YES NAYS ABSENT Nickolas Gruber Marvin Berger Bill Peard Mike Watts Wayne Johnson x X X X X 230 Highway 6·Waukee,Iowa 50263·515.987.4522·(Fax)515.987.1845