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RESOLUTION 2019003 RESOLUTION ESTABLISHING 2019 ENCUMBRANCES WHEREAS there are existing bills due and payable relating to Calendar Year 2018 operations of the City of Rapid City totaling $3,240,614.10,
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01
To fill out a resolution establishing encumbrances, follow these steps:
02
Begin by stating the purpose of the resolution, which is to establish encumbrances.
03
Clearly state the name of the entity or organization for which the resolution is being prepared.
04
Provide a brief background or context for why encumbrances need to be established.
05
Include a section outlining the specific encumbrances that are being established. This should include details such as the nature of the encumbrances, the parties involved, and any relevant dates or deadlines.
06
Specify the authority or power under which the encumbrances are being established.
07
Outline any terms and conditions associated with the encumbrances, such as payment terms or restrictions on the use of funds.
08
Include any necessary signatures or approvals required for the resolution to be valid.
09
Finally, make sure to keep a copy of the resolution for record-keeping purposes.

Who needs resolution establishing encumbrances?

01
A resolution establishing encumbrances may be needed by various entities or organizations, such as:
02
- Government agencies that need to allocate funds for specific projects or purposes.
03
- Corporations or businesses that need to establish encumbrances on their assets or properties.
04
- Non-profit organizations that need to set aside funds for specific programs or initiatives.
05
- Municipalities or local government bodies that need to establish encumbrances on public resources or infrastructure.
06
- Educational institutions that need to allocate funds for scholarships, research grants, or other academic purposes.
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Resolution establishing encumbrances is a formal document passed by an organization's governing body that authorizes the placement of restrictions or limitations on certain assets or funds.
The governing body or authorized individuals within an organization are required to file the resolution establishing encumbrances.
Resolution establishing encumbrances should be filled out by detailing the specific encumbrances being imposed, the reasons for them, and any other relevant information.
The purpose of resolution establishing encumbrances is to ensure transparency, accountability, and proper management of assets or funds within an organization.
The resolution establishing encumbrances must include details of the encumbrances, the rationale behind them, any limitations or restrictions imposed, and the effective date.
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