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RES NO 11-05-2012 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 11 5 2012 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RE SOLUTION TO BE ENTITLED: A RESOLUTION AUTHORIZING THE MAYOR OF THE CITY OF VAN BUREN AND THE CITY CLERK TREASURER OF THE CITY OF VAN BUREN, ARKANSAS, TO TRANSFER FUNDS FOR THE CITY OPERATIONS. WHEREAS, the City's General Fund is below forecasted revenue; and WHEREAS, proceeds from County Sales Tax are available in reserve to meet near term obligations. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS, THAT: SECTION 1: The Mayor and City Clerk- Treasurer of the City of Van Buren are hereby authorized to transfer funds from Capital Improvement Funds to the General Fund Account in the amount of $200,000.00. IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of 5 for and 0 against, the foregoing Resolution at its regular meeting on the 19 day of November, 2012. t! Robert D. eeman Mayor ATTESTED: PPR S ED AS 0 FORM: G� Eus� eclat Barbie Curtis dice A. Settle City Clerk/Treasurer City Attorney