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Council member Neal <br />move its adoption: <br />introduced the following resolution and <br />CITY OF LINO LAKES <br />RESOLUTION NO. 96-162 <br />RESOLUTION TRANSFERRING FUNDS FROM GENERAL FUND TO THE <br />CAPITAL IMPROVEMENT FUND FOR THE PURCHASE <br />OF CABLE TV EQUIPMENT <br />WHEREAS, dollars were budgeted in the General Fund for purchase of Cable TV equipment, <br />and <br />WHEREAS, the equipment is not available until 1997, and <br />WHEREAS, the City needs the funds for the equipment, and <br />WHEREAS, transferring the funds to the Capital Equipment Fund assures that the funds will be <br />available, and <br />WHEREAS, the total amount is $24,000. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized. <br />Increase Decrease <br />Capital Equipment Fund (401) $24,000 <br />General Fund (101) <br />($24,000) <br />Adopted by the City Council of Lino Lakes this 16th day of December, 1996. <br />I�Anderson Clerk <br />Treasurer <br />y <br />Jhn Landers - Mayor <br />The motion for the adoption of the foregoing resolution was duly seconded by Lyden <br />and upon vote being taken thereon, the following voted in favor thereof: Bergeson, <br />Lyden, Neal, Landers. <br />The following voted against same: None, Council Members Kuether was absent . <br />Where upon said resolution was declared duly passed and adopted: <br />• <br />• <br />