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12/11/2006 Council Packet
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12/11/2006 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/11/2006
Council Meeting Type
Regular
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• <br />CITY OF LINO LAKES <br />RESOLUTION NO. 06 -203 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE AREA AND <br />UNIT FUND TO THE WATER OPERATING FUND FOR PAYMENT OF 1996B G.O. <br />WATER REVENUE BOND <br />WHEREAS, a transfer was budgeted in 2006 to the Water Operating <br />and Unit Fund to cover principal and interest on the <br />Revenue Bonds due in 2006, and <br />WHEREAS, it is staffs recommendation that this transfer be <br />December 31, 2006. <br />Fund from the Area <br />1996B G.O. Water <br />completed effective <br />NOW, THEREFORE BE IT RESOLVED by the City Council of Lino Lakes, that the <br />following transfer be authorized and recorded effective December 31, 2006: <br />Increase <br />Water Operating Fund (601) $299,725 <br />Area and Unit Fund (406) <br />Decrease <br />$299,725 <br />Adopted by the City Council of Lino Lakes this 11th day of December, 2006. <br />Julianne Bartell, City Clerk <br />John Bergeson, Mayor <br />
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