Resolution 2025-084 – A Resolution Approving the Transfer of Proceeds from the Sale of City Equipment into the Fire Department Savings Account

RESOLUTION NO. 2025-084 A RESOLUTION APPROVING THE TRANSFER OF PROCEEDS FROM THE SALE OF CITY EQUIPMENT INTO THE FIRE DEPARTMENT SAVINGS ACCOUNT WHEREAS, the City of Tiffin (hereinafter “City”) is a municipal corporation under Iowa law; and, WHEREAS, the City has sold City equipment in the total amount of $100,000; and, WHEREAS, the proceeds from said sale are to be used to help fund future major equipment and vehicle purchases for the fire department; and, WHEREAS, the City Council finds it appropriate and in the best interest of the City to transfer the funds received from the sale of City equipment into the fire department savings account; and, Now, therefore be it resolved by the City Council of the City of Tiffin, Iowa, as follows: 1. The City Council hereby authorizes and approves the transfer of $100,000 from the sale of City equipment into the fire department savings account. 2. The City Clerk and City Administrator are authorized to execute all necessary financial transactions to complete this transfer. 3. Said funds shall be available for lawful expenditures as approved and budgeted by the City Council. On the 4th day of November, 2025, at a regular meeting of the Tiffin City Council, Tiffin, Iowa, Councilperson ___ introduced RESOLUTION NO. 2025-084, A RESOLUTION APPROVING THE TRANSFER OF PROCEEDS FROM THE SALE OF CITY EQUIPMENT INTO THE FIRE DEPARTMENT SAVINGS ACCOUNT, and made a motion for approval. Motion seconded by Councilperson ___. Ayes: Nays: Absent: Whereupon ___ Council members were present and voted approval and Mayor Kasparek declared that RESOLUTION NO. 2025-084, A RESOLUTION APPROVING THE TRANSFER OF PROCEEDS FROM THE SALE OF CITY EQUIPMENT INTO THE FIRE DEPARTMENT SAVINGS ACCOUNT, to be adopted and signified his approval of the same by affixing his signature thereto. Passed by the City Council on the 4th day of November, 2025. City of Tiffin ____________________________ Tim Kasparek, Mayor ATTEST: ________________________________ Abigail Hora, City Clerk 1