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RESOLUTION NO. 2009-5

ESTABLISHMENT OF EMERGENCY FUND


WHEREAS, the Town of Fulton has been threatened by a natural hazard occurrence resulting in a flood which occurred in June 2008; and

WHEREAS, such incident has caused widespread and severe property damage to residential homes, apartments and commercial businesses within the Town of Fulton causing loss of property and personal hardship; and

WHEREAS, the interest of public safety and welfare and in order to protect the citizens,

NOW, THEREFORE, BE IT RESOLVED, (by not less than 2/3 of all governing body members affirmatively concurring) for the Town of Fulton, Rock County, Wisconsin that:

Section 1. An emergency appropriation is here by made for an Emergency Fund in the amount of $50,000 with contingency funds transferred from the General Savings in the State Investment Pool.

Section 2. That the Town of Fulton Town Board will hold a meeting when an emergency occurs to make a decision on how the funds will be utilized.

Section 3. Replacement of any and all amounts used from this “Emergency Fund” will be replenished within the next three years.

PRESENTED, ADOPTED, and RECORDED this _______ day of June, 2009.


______________________________________
Evan Sayre, Town Chairman




ATTEST: _____________________________________
Connie Zimmerman, Clerk/Treasurer

Archive:

June 9, 2009 Resolution 2009-5 Establishment of Emergency Fund (Draft - On agenda for 6/9/09)
June 9, 2009 Resolution 2009-6 Adoption to Approve Comprehensive Plan (Draft, On 6/9/09 agenda)
May 12, 2009 Resolution 2009-4 Budget Resolution
April 14, 2009 Resolution 2009-3 Budget Resolution
March 10, 2009 Resolution 2009-2, Speed Limit Reduction - Consolidated School Road

View all from: 2009