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!(' <br /> 212 <br /> October 17,19,0 <br /> Staff recommends that Council agree to surplus the hose to District <br /> flY(Silvana Fire Department). <br /> Mooed by Councilman Anderson, seconded by Councilman Overstreet to <br /> surplus 2,000 feet of the surplus three inch fire hose to District <br /> #19,Silvana Fire Department at no cost. <br /> Roll was called with all councilmen voting yes. <br /> • Motion carried. <br /> RESOLUTION-INTERFUND LOAN <br /> Moved by Councilman Gipson, seconded by Councilman Overstreet to <br /> adopt Resolution No. 3305 authorizing an interfund loan from Fund <br /> 134, Golf Operating Reserve, to Fund 505, Computer Reserve as <br /> follows: <br /> WHEREAS, the Parks Department has received authorization to <br /> purchase a computer through Fund 505-Computer Reserve et a cost of <br /> 843,000;and , <br /> WHEREAS, funding sources totaling $20,000 have been <br /> identified but neither the Parks Department nor Fund 505 have the <br /> balance of$23,000 available at this time;and <br /> WHEREAS, Fund 134 - Golf Operating Reserve has monies <br /> available to loan to Fund 505 to be used for purchase of the <br /> computer for the Perks Department;and <br /> Cr0002 ins monies oceratog yenarNrIntto Pecan rhe rinrerru?d'eloa'n°,' <br /> o ntibCEOuOttoims.?1,terlug',;the.ettY'"""rep <br /> to Obtatn <br /> city <br /> NOW, THERFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF EVERETT that authorization is given to the City Treasurer to make <br /> an interfund loan under the following terms and conditions: t <br /> Loan From: Fund 134,Golf Operating Reserve <br /> Loan To: Fund 505,Computer Reserve <br /> Amount Authorized: $23,000.00 <br /> Period of Loan: 10/17/90 to 10/17/32 <br /> Rate of Interest: (1.00X <br /> Repayment.Source: Parks Operating Budget <br /> Roll was called with all councilmen voting yes. <br /> Motion carried. <br /> I <br />