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• <br />• <br />• <br />CITY OF LINO LAKES <br />RESOLUTION NO. 73 - 87 <br />RESOLUTION AUTHORIZING THE CITY CLERK TO TRANSFER FUNDS INTO <br />THE LAWCON FUND TO PERMANENTLY CLOSE THE FUND. <br />WHEREAS, There exists a deficit balance in the LAWCON Fund <br />in the amount of 44,160.58, and <br />WHEREAS, Country Lakes Park has been completed and no <br />further Federal or State Funds will be received <br />and no further expenditure is expected, and <br />WHEREAS, The City did levy a one time levy of $30,000 in <br />1981 and collected in 1982 as part of the City <br />matching funding, and <br />WHEREAS, The City did determine that the balance of the <br />funding of Country Lakes Park would come from the <br />Dedicated Park Fund, and <br />NOW THEREFORE BE IT RESOLVED, <br />That the Lino Lakes City Clerk be authorized to <br />transfer from the General Fund the unused portion <br />of the $30,000 levy in the amount of $14,112.74 <br />to the LAWCON Fund. <br />That the Lino Lakes City Clerk be authorized to <br />transfer from the Dedicated Park Fund $30,047.84 <br />to the LAWCON Fund to fund the remaining deficit <br />balance in the LAWCON FUND. <br />That the Lino Lakes City Clerk be authorized to <br />close the LAWCON Fund permanently. <br />Passed by the City Council this 28th day of December, 1987. <br />Benjamin G. Benson, Mayor <br />aAttti <br />Mar lyn G. Anderson, Clerk- Treasurer <br />