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Council Member Kuether <br />and moved its adoption: <br />introduced the following resolution <br />CITY OF LINO LAKES <br />RESOLUTION NO. 95-182 <br />RESOLUTION TRANSFERRING FUNDS FROM THE 1993 CONSTRUCTION FUND <br />TO THE CLOSED BOND FUND FOR CLOSURE <br />WHEREAS, this construction fund was established for Brandywood 2nd Addition, and <br />WHEREAS, the construction is complete on this project, and <br />WHEREAS, there remains a balance, and <br />WHEREAS, the Closed Bond Fund accounts for all excess funds from closed <br />construction funds. <br />NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the <br />transfer from the 1993 Construction Fund to the Closed Bond Fund be approved as <br />follows: <br />Increase Decrease <br />Closed Bond Fund (301) $16,741 <br />1993 Construction Fund (455) <br />($16,741) <br />Adopted by the City Council of Lino Lakes this 11th day of December, 1995. <br />Vernon F. Reinert - Mayor <br />fa41(Ja-gzel.d-e,v, <br />Mafilyn�nderson - Clerk Treasurer <br />The motion for the adoption of the foregoing resolution was duly seconded by Elliott <br />and upon vote being taken 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 />