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1 <br />1 <br />Council member Elliott introduced the <br />following resolution and move its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 95 - 18 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS <br />FROM 1994 CONSTRUCTION FUND TO THE ESCROW FUND <br />FOR COUNTRY LAKES ESTATES <br />WHEREAS, an escrow was established for Country Lakes Estates in <br />1993, and <br />WHEREAS, this project was bonded and assessed in 1994, and <br />WHEREAS, there were costs allocated to the escrow fund in 1993, and <br />WHEREAS, these costs should have been coded to the construction <br />fund in the amount of $16,575. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be <br />authorized effective December 31, 1994. <br />Increase <br />Escrow Fund (801) $16,575 <br />1994 Construction Fund (456) <br />Decrease <br />($16,575) <br />Adopted by the City Council of Lino Lakes this 23rd day of January, <br />1995. <br />Marilyn <br />Vernon F. Reinert - Mayor <br />Anderson, Clerk Treasurer <br />The motion for the adoption <br />seconded by Bergeson <br />thereon, the following <br />Kuether, Neal, Reinert. <br />The following voted against same: <br />of the <br />foregoing resolution was duly <br />and upon vote being taken <br />thereof: Bergeson, Elliott, <br />voted in favor <br />none. <br />Where upon said resolution was declared duly passed and adopted: <br />