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03/08/1999 Council Packet
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03/08/1999 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
03/08/1999
Council Meeting Type
Regular
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Council Member <br />its adoption: <br />introduced the following resolution and moved <br />CITY OF LINO LAKES <br />RESOLUTION NO. 99-11 <br />RESOLUTION TRANSFERRING $33,730.00 DOLLARS FROM THE GENERAL <br />EXCESS RESERVE FUND INTO THE ROAD RECONSTRUCTION FUND <br />WHEREAS, in 1998 the city council accepted the 1997 City Audit, and <br />WHEREAS, the 1997 Audit identified an Excess Reserve Fund, and <br />WHEREAS, after some consideration the city council designated those dollars to various <br />projects, $33,730.00 of which was to be placed in Road Reconstruction <br />Fund, <br />NOW THEREFORE BE IT RESOLVED <br />That the council does hereby. DESIGNATE AND TRANSFER $33,730.00 <br />FROM THE 1997 GENERAL EXCESS RESERVE FUND IN TO THE ROAD <br />RECONSTRUCTION FUND: <br />Adopted by the Lino Lakes City Council this 8th day of March ,1999. <br />Kimberly A. Sullivan, Mayor <br />Jean Viger, Deputy Clerk Treasurer <br />The motion for adoption of the foregoing resolution was duly seconded by Council <br />Member and upon vote being taken thereon, the following voted in favor <br />thereof: <br />The following voted against same: <br />Whereupon said resolution was duly passed and adopted. <br />
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