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Council member introduced the following resolution and <br />move its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 99- 46 <br />AMENDING RESOLUTION NO. 99 -35 DESIGNATING GENERAL FUND, FUND BALANCE <br />FOR THE YEAR ENDED DECEMBER 31, 1998 <br />WHEREAS, fund balances need to be reserved or designated, and <br />WHEREAS, the City Council has determined priorities to reserve and designate funds, and <br />WHEREAS, the City Council adopted Resolution 99 -35 on May 24, 1999 designating <br />$3,383,887.00 , and <br />WHEREAS, Resolution 99-46 will amend Resolution 99 -35 to include an additional designation of <br />$27,444 for Parks and Trails Improvements. <br />NOW THEREFORE BE IT RESOLVED, that the following reservations and designations be <br />authorized effective December 31, 1998. <br />Reserved for prepaid items <br />Requirements per Res # 91 -03 <br />1) Cash Flow Reserve <br />2) Compensated Absences <br />3) General Contingency <br />subtotal <br />Discretionary <br />1) Designated for finance computer equipment <br />2) Designated for parks playground equipment <br />3) Designated for road reconstruction <br />4) Designated for LGA/HACA funding losses <br />5) Designated for Civic Center Construction <br />6) Designated for custodian & equipment— Civic Center <br />7) Designated for technology at new City Hall <br />8) Designated for voting machines <br />9) Designated for bleacher replacement <br />10) Designated for Mallard Lane (Partial city share) <br />11) Designated for Wenzel Farm trail clearing <br />12) Designated for improvements to old City Hall <br />13) Designated for park and trail improvements <br />Total Reserved and Designated <br />$ 98,453 <br />$1,696,600 <br />214,857 <br />761,335 <br />$2,672,792 <br />$ 29,658 <br />25,824 <br />33,730 <br />250,000 <br />100,000 <br />30,000 <br />51,000 <br />24,000 <br />25,000 <br />28,000 <br />5,000 <br />10,430 <br />27,444 <br />$3,411,331 <br />