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MINUTES <br />CITY COUNCIL <br />JUNE 23, 1993 <br />this deficit. However, this will occur over a period <br />of time. The Administrator reported that the City <br />Auditor is recommending that the deficit be eliminated <br />with up to a$30,000 transfer from the General Capital <br />Improvement Fund to the City Hall Improvement Fund. <br />That transfer would then be repaid from Cable TV monies <br />as they come into the City. The transfer would be <br />retroactive to December 31, 1992. <br />Mr. LaValle introduced the following resolution and <br />moved its adoption: <br />RESOLUTION NO. 93-6-200 - APPROVING THE TRANSFER OF UP <br />TO $30,000 FROM THE GENERAL CAPITAL IMPROVEMENT FUND TO <br />THE CITY HALL IMPROVEMENT FUND RETROACTIVE TO DECEMBER <br />31, 1992 AS RECOMMENDED BY THE CITY AUDITOR WITH <br />REPAYMENT OF THAT TRANSFER TO OCCUR FROM INCOMING CABLE <br />TV FRANCHISE FEES <br />The foregoing resolution was duly seconded by 5calze. <br />Ayes (5) LaValle, Scalze, Hanson, Morelan, Pedersen. <br />Nays (0). Resolution declared adopted. <br />ADJOURN Mr. LaValle introduced the following resolution and <br />moved its adoption: <br />RESOLUTION N0. 93-6-201 - ADJOURNING <br />The foregoing resolution was duly seconded by Hanson. <br />Ayes (5) LaValle, Hanson, Scalze, Pedersen, Morelan. <br />Nays (0). Resolution declared adopted. <br />There being no further business, the meeting was <br />adjourned at 9:52 P.M. <br />,~~ ~ <br />` ~~,.~r' ' t ( ~ ~%~\ff " , ,.r ~ <br />Ra~~nond G." anson, Mayor <br />Attest: ~<_~. ~-,- ~JG- _._._.. % <br />( Joe R. Hanson, City A~inistrator <br />Page 21 <br />