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Council member Elliott introduced the <br />following resolution and move its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 95 - 19 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS <br />FROM THE SEALCOATING FUND TO THE ESCROW FUND <br />FOR BRANDYWOOD <br />WHEREAS, an escrow was established for Brandywood in 1992, and <br />WHEREAS, this escrow was assessed in 1993 for wearcourse, and <br />WHEREAS, the wearcourse costs were assessed and should have been <br />paid from the Sealcoating Fund. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be <br />authorized effective December 31, 1994. <br />Increase <br />Escrow Fund (801) $11,311 <br />Sealcoating Fund (421) <br />Decrease <br />($11,311) <br />Adopted by the City Council of Lino Lakes this 23rd day of January, <br />1995. <br />Vernon F. Reinert - Mayor <br />Marily G. Anderson, Clerk Treasurer <br />The motion for the adoption of the foregoing resolution was duly <br />seconded by Bergeson and upon vote being taken <br />thereon, the following voted in favor thereof: Bergeson, Elliott, <br />Kuether, Neal, Reinert. <br />The following voted against same: none. <br />Where upon said resolution was declared duly passed and adopted: <br />