ACCEPTANCE AND APPROPRIATION OF INTEREST EARNED ON INVESTMENT
FOR THE DUPAGE ANIMAL FRIENDS PHASE II CAPITAL PROJECT GRANT
COMPANY 5000 - ACCOUNTING UNIT 1310
$142,082.00.
(Under the administrative direction of Animal Services)
resolution
WHEREAS, the County of DuPage heretofore accepted and appropriated the DuPage Animal Friends Phase II Capital Project Grant, pursuant to Resolution FI-R-0899-18 for the period September 12, 2018 until funding is exhausted; and
WHEREAS, the County of DuPage has invested cash balances in accordance with the DuPage Animal Friends grant requirements and estimates earnings in the amount of $142,082 (ONE HUNDRED FORTY-TWO THOUSAND EIGHTY-TWO NO/100 DOLLARS) during the term of the award, to be used for the support of the DuPage County Animal Friends Phase II Capital Project Grant; and
WHEREAS, no additional County funds are required to appropriate this interest earned; and
WHEREAS, the DuPage County Board finds that the need to appropriate said interest creates an emergency within the meaning of the Counties Act, Budget Division, (55 ILCS 5/6-1003).
NOW, THEREFORE, BE IT RESOLVED by the DuPage County Board that the interest to be earned in the amount of $142,082.00 (ONE HUNDRED FORTY-TWO THOUSAND EIGHTY-TWO NO/100 DOLLARS) be and is hereby accepted; and
BE IT FURTHER RESOLVED by the DuPage County Board that the additional appropriation on the attached sheet (ATTACHMENT I) in the amount of $142,082.00 (ONE HUNDRED FORTY-TWO THOUSAND EIGHTY-TWO NO/100 DOLLARS) be made and added to the DuPage Animal Friends Phase II Capital Project Grant, Company 5000 - Accounting Unit 1310, for the period of September 12, 2018 until funding is exhausted; and
BE IT FURTHER RESOLVED by the DuPage County Board, that should local funding cease for this grant, the Animal Services Committee shall r...
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