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Council member Neal introduced the following resolution and <br />move its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 96-166 <br />RESOLUTION TRANSFERRING FUNDS FROM T.I.F. DISTRICT 1-1 <br />TO T.I.F. 1-4 FOR PAST EXPENSES <br />WHEREAS, T.I.F. District 1-4 has past administrative costs that will not be recovered, and <br />WHEREAS, the City's T.I.F. attorney has suggested that the City reimburse this fund from T.I.F. <br />1-1 funds, and <br />WHEREAS, the total amount owing is $22,122. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized. <br />Increase Decrease <br />T.I.F. 1-4 (410) $22,122 <br />T.I.F. 1-1 (407) <br />($22,122) <br />Adopted by the City Council of Lino Lakes this 16th day of December, 1996. <br />Mar <br />yn G Anderson, Clerk Treasurer <br />LCf <br />n 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 Member Kuether was absent. <br />Where upon said resolution was declared duly passed and adopted: <br />