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Resolution No. 99-41 CITY OF TIGARD,OREGON RESOLUTION NO.99-±11 A RESOLUTION APPROVING BUDGET ADJUSTMENT #I1 FOR THE RECEIPT OF AN INSURANCE SETTLEMENT IN THE AMOUNT OF$450,000. WHEREAS, the City received an insurance settlement from Northland Insurance Co. in the amount of $450,000 for reimbursement of a portion,of the Dolan case legal settlement,which was paid December 10, 1997. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: Revenue is recognized in the General Fund, from Northland Insurance Co., in the amount of$450,000. nd PASSED: This�a day of 1999. or-City of Tigard ATTEST: City Recorder-City of Tigard �- i iAcitywidetresolut.dot i VW H i ® RESOLUTION NO.99- Page 1