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• <br />• <br />• <br />Council member Lyden 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 $ 98,453 <br />Requirements per Res # 91-03 <br />1) Cash Flow Reserve $1,696,600 <br />2) Compensated Absences 214,857 <br />3) General Contingency 761.335 <br />subtotal $2,672,792 <br />Discretionary <br />1) Designated for finance computer equipment $ 29,658 <br />2) Designated for parks playground equipment 25,824 <br />3) Designated for road reconstruction 33,730 <br />4) Designated for LGA/HACAfunding losses 250,000 <br />5) Designated for Civic Center Construction 100,000 <br />6) Designated for custodian & equipment — Civic Center 30,000 <br />7) Designated for technology at new City Hall 51,000 <br />8) Designated for voting machines 24,000 <br />9) Designated for bleacher replacement 25,000 <br />10) Designated for Mallard Lane (Partial city share) 28,000 <br />11) Designated for Wenzel Farm trail clearing 5,000 <br />12) Designated for improvements to old City Hall 10,430 <br />13) Designated for park and trail improvements 27,444 <br />Total Reserved and Designated $3,411,331 <br />