County of Sullivan header
File #: ID-6090    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/17/2024 In control: County Legislature
On agenda: 1/25/2024 Final action: 1/25/2024
Enactment date: 1/25/2024 Enactment #: 39-24
Title: WHEREAS, expenses incurred by the Care Center at Sunset Lake have increased which may ultimately exceed the cash the Care Center has on hand; and WHEREAS, it may be necessary for the County of Sullivan to advance cash to the Care Center at Sunset Lake to ensure that all vendors are paid timely and to further ensure that the daily operations of the Care Center remain unaffected; and WHEREAS, the Sullivan County Treasurer and the Sullivan County Manager have determined that the advancing of cash to the Care Center at Sunset Lake for the purpose of timely paying vendors is in the best interest of the Care Center; and WHEREAS, these transfers of cash to the Care Center at Sunset Lake will be tracked and recorded in the due to/due from as cash advances to the Care Center. NOW THEREFORE, BE IT RESOLVED that the County Treasurer is hereby authorized to advance cash from the General Fund to the Care Center at Sunset Lake as needed in an amount not to exceed Two Million Dollars.

Narrative of Resolution:

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                     WHEREAS, expenses incurred by the Care Center at Sunset Lake have increased which may ultimately exceed the cash the Care Center has on hand; and

                     WHEREAS, it may be necessary for the County of Sullivan to advance cash to the Care Center at Sunset Lake to ensure that all vendors are paid timely and to further ensure that the daily operations of the Care Center remain unaffected; and

                     WHEREAS, the Sullivan County Treasurer and the Sullivan County Manager have determined that the advancing of cash to the Care Center at Sunset Lake for the purpose of timely paying vendors is in the best interest of the Care Center; and 

                     WHEREAS, these transfers of cash to the Care Center at Sunset Lake will be tracked and recorded in the due to/due from as cash advances to the Care Center.

                     NOW THEREFORE, BE IT RESOLVED that the County Treasurer is hereby authorized to advance cash from the General Fund to the Care Center at Sunset Lake as needed in an amount not to exceed Two Million Dollars.

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If Resolution requires expenditure of County Funds, provide the following information:

Amount to be authorized by Resolution: Up to $2,000,000.00

Are funds already budgeted? No

Specify Compliance with Procurement Procedures:

 

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