Subject: 20957/CoolidgePkAdvanceOfFunds
Date: Tue, 3 Jul 1990 17:16:00 -0500


                               RESOLUTION NO. 20957
                  
                  
                  A RESOLUTION AUTHORIZING THE CITY FINANCE 
                  OFFICER TO ADVANCE A SUM OF MONEY NOT TO 
                  EXCEED THREE HUNDRED FIFTY THOUSAND DOLLARS 
                  ($350,000.00) TO "FRIENDS OF THE CAROUSEL" FOR 
                  THE COOLIDGE PARK CAROUSEL PROJECT, SAID 
                  ADVANCE OF FUNDS TO BE REIMBURSED FROM PROJECT 
                  REVENUES.
                  
                  
                                                     
                  
                  
       	    	 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 
       CHATTANOOGA, TENNESSEE, That the City Finance Officer be and is 
       hereby authorized to advance a sum of money not to exceed 
       $350,000.00 to "Friends of the Carousel" for the Coolidge Park 
       Carousel Project, said advance of funds to be reimbursed from 
       project revenues.
       
       ADOPTED:	 April 16, 1996
       
       GR:cjc