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HomeMy WebLinkAboutResolutions - R-60-1 - 08/15/1960 - Special Assessment Funds L ^ R /_D 1 -1 5 4.0O RESOLUTION CONCERNING SPECIAL ASSESSMENT FUNDS WHEREAS, the depositary ledger records of the City of McHenry, McHenry State Bank, indicate cash or debit balances on each of the following accounts as itemized: Special Assessment Account No. Amount 9 $ 63.52 11 89 .33 13 16.80 14 31.80 18 24.00 20 42.19 21 13.27 23 86.68 24 298.70 1 $ 666.29 23 Supplemental acct. (Debit) .06 666.23 Special Assessment fund, Special Account 2,609 .71 1 Unidentified 11.06 $3,287 .00 AND, 1 1 WHEREAS, it is deemed in the best interests of the City of McHenry to terminate and close all of the above iden- tified accounts in order to save annual auditing expense and to aid in the welfare of the inhabitants of the City of McHenr , to the application of such funds to the general corporate work , and WHEREAS, the City Council of the City of McHenry does hereby bind itself to any and all holders of valid claims ) against any of the above sums as set forth hereinabove, such sums of money as may be now presently in said accounts as cash credits, if such valid claims shall be presented and proven at any time in the future, provided that such payments out of such funds shall not be any greater amounts than are LOOZE & KINNE ATTORNEYS 112 E. ELM STREET McHENRY, ILLINOIS EVERGREEN 5.1580 ' M t now hereinabove established as being the rightful balance of such funds in such accounts, NOW, THEREFORE, BE IT RESOLVED that any and all sums of money presently deposited in the McHenry State Bank in Special Assessment Accounts No. 9, 11, 13, 14, 18, 20, 21, 23, 24, less Supplemental account No. 23, together with Special Assessment fund Special Account and Unidentified Account be transferred to the general corporate funds of the City of 1 McHenry and the proper corporate officers are hereby authorized and directed to effect such transfer at once. J Mayor ATTEST: ._ - 7 City Clerk I Voting Aye: k o z C:Er, C10 v /, did t L/I z -.Y Voting Naye: /Ve.) tee" Absent: 841optfd Dated this 15th day of August, .A.D. 1960. I! I j LOOZE & KINNE _2_ ATTORNEYS 112 E. ELM STREET McHENRY, ILLINOIS EVERGREEN 5.1580