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Council member Kuether introduced the following <br />resolution and move its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO.97-58 <br />RESOLUTION TRANSFERRING FUNDS FROM T.I.F. DISTRICT 1-4 <br />TO THE ESCROW FUND FOR ADMINISTRATIVE EXPENSES <br />WHEREAS, the Escrow fund has accounted for administrative costs that for Emtech , <br />GM Development and Blue Heron, and <br />WHEREAS, these accounts are closed, and <br />WHEREAS, the total amount owing is $1,811. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized. <br />Increase Decrease <br />$1,811 <br />Escrow Fund (801) <br />T.I.F. 1-4 (410) ($1,811) <br />Adopted by the City Council of Lino Lakes this 12th day of May, 1997. <br />r,e-c <br />Jo Landers - Mayor <br />• 6.-2/L ie./L./9,97 <br />Marilyn G. Anderson, Clerk Treasurer <br />The motion for the adoption of the foregoing resolution was duly seconded by <br />Neal and upon vote being taken thereon, the following voted in favor thereof: <br />Bergeson, Kuether, Lyden, Neal, Landers. <br />The following voted against same: None. <br />Where upon said resolution was declared duly passed and adopted: <br />