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Council Member introduced the following resolution <br />and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 95-175 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM <br />THE CLOSED BOND FUND TO THE ESCROW FUND <br />WHEREAS, there are outstanding escrow accounts that cannot be collected, and <br />WHEREAS, Greenhaven Press charges were for possible location here and are <br />$2,411.57, and <br />WHEREAS, Woodridge Estates Drainage was done after the closure of the project and <br />the charges are $1,606.19, and <br />WHEREAS, Willow Ponds charges date back to March, 1989. The plat was not <br />approved and the property has changed hands a couple of times. The charges are <br />$5,493.06. <br />NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the <br />transfer from the Closed Bond Fund to the Escrow Fund be approved as follows: <br />Increase Decrease <br />Closed Bond Fund (301) ($9,510.82) <br />Escrow Fund (801) $9,510.82 <br />Adopted by the City Council of Lino Lakes this 11th day of December, 1995. <br />Vernon F. Reinert - Mayor <br />Marilyn G. Anderson - Clerk Treasurer <br />The motion for the adoption of the foregoing resolution was duly seconded by <br />and upon vote being taken thereon, the following voted in favor thereof: <br />The following voted against same: <br />Where upon said resolution was declared duly passed and adopted. <br />