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Montrose declares mower surplus and approves transfers from operating funds to money-market accounts
Summary
Council declared a 2023 Cub Cadet mower surplus and approved sealed-bid sale; it also approved transfers of $43,000 from the Water GF and $39,000 from the Sewer GF into respective money-market accounts, leaving $30,000 minimum operating balances.
The council approved beginning a sealed-bid process to sell a 2023 54" Cub Cadet residential mower declared surplus (Action 25-150). Maintenance said the mower is a residential model and no longer needed by city operations.
In finance actions, the council approved transferring $43,000 from the Water General Fund to the Water money-market account (Action 25-151) and $39,000 from the Sewer General Fund to the Sewer money-market account (Action 25-152), each leaving a minimum of $30,000 in operating accounts. Both transfers passed on unanimous roll call.
