HomeMy WebLinkAbout1995-096 Council ResolutionCouncil member Elliott
resolution and move its adoption:
introduced the following
CITY OF LINO LAKES
RESOLUTION NO. 95-96
RESOLUTION AUTHORIZING THE CLOSURE OF THE 1989B CERTIFICATES OF
INDEBTEDNESS AND TRANSFER OF FUNDS TO THE CLOSED BOND FUND
WHEREAS, the 19896 Certificates of Indebtedness matured February 1, 1995, and
WHEREAS, there remains a balance in this fund.
NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized effective
July 31, 1995.
Increase Decrease
Closed Bond Fund (301) 20,166.91
19898 Certificates of Indebtedness (304)
(20,166.91)
Adopted by the City Council of Lino Lakes this 14th day of August, 1995.
Vernon F. Reinert - Mayor
Marilyn . Anderson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by
Neal and upon vote being taken thereon, the following voted in favor thereof:
Bergeson, Elliott, Kuether, Neal, Reinert.
The following voted against same: None.
Where upon said resolution was declared duly passed and adopted: