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Council Member Stoltz introduced the following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />VIwo <br />RESOLUTION NO. 06-210 <br />RESOLUTION ADOPTING THE 2007 WATER AND SEWER OPERATING BUDGETS <br />WHEREAS, the City Council has reviewed the proposed 2007 Water and Sewer Operating Budgets during <br />their work session held August 21, 2006, and, <br />WHEREAS, the City Council each year adopts the Water and Sewer Operating Budgets by resolution. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES that the following Water <br />and Sewer Operating Budgets for the year 2007 are hereby adopted: <br />limmr <br />ONNIO <br />Mow <br />Iomm <br />Mom <br />2007 Water Operating Budget 2007 Sewer Operating Budget <br />Operating Revenues $1,330,000 $1,551,000 <br />Transfers 141,199 -0- <br />Total Revenues & Transfers $1,471,199 $1,551,000 <br />Operating Expenses $ 928,152 $1,313,661 <br />Debt Service 426,047 11,587 <br />Total Expenses $1,354,199 $1,365,248 <br />Revenues/Transfers over/ <br />Under Expenses $ 117,000 $ 185,752 <br />Adopted by the City Council of Lino Lakes, Minnesota, this 18th day of December, 2006. <br />The motion for the adoption of the foregoing resolution was duly seconded by Council Member <br />Reinert and upon vote being taken thereon, the following voted in favor thereof: Mayor Bergeson, Council <br />Members Reinert, O'Donnell, Stoltz, Carlson <br />The following voted against same: None <br />Whereupon said resolution was declared duly passed and adopted. <br />Julianne Bartell, City Clerk <br />John Bergeson, Mayor <br />