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Council Member Neal introduced the following resolution <br />and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 95-179 <br />RESOLUTION TRANSFERRING FUNDS FROM THE 1991 CONSTRUCTION FUND <br />TO THE ESCROW FUND FOR BRANDYWOOD 1ST, 2ND & 3RD ADDITIONS <br />WHEREAS, the construction for these projects is complete, and <br />WHEREAS, the engineering consultant (S.E.H.) has reviewed the costs associated with <br />these projects, and <br />WHEREAS, certain engineering costs were incorrectly charged to the escrow, and <br />WHEREAS, a balance remains of $1,721 that is recommended to be written off per <br />Engineering, and <br />WHEREAS, the Brandywood Escrow account should be closed. <br />NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the <br />transfer from the 1991 Construction Fund to the Escrow Fund be approved as follows: <br />1991 Construction Fund (454) <br />1991 Construction Fund (454) <br />Escrow Fund (801) <br />Increase Decrease <br />$11,834 <br />($10,113) <br />($ 1,721) <br />Adopted by the City Council of Lino Lakes this 11th day of December, 1995. <br />Vernon F. Reinert - Mayor <br />• <br />Marilyn . Anderson - Clerk Treasurer <br />The motion for the adoption of the foregoing resolution was duly seconded by Bergeson <br />and upon vote being taken thereon, the following voted in favor thereof: Bergeson, Elliott, <br />Kuether, Neal, Reinert. <br />The following voted against same: None. <br />Where upon said resolution was declared duly passed and adopted. <br />