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HomeMy WebLinkAbout1987-072 Council Resolution• CITY OF LINO LAKES RESOLUTION NO. 72 - 87 RESOLUTION AUTHORIZING THE CITY CLERK TO TRANSFER FEDERAL REVENUE SHARING FUNDS WHEREAS, There exists a balance of $2,376.93 in the Federal Revenue Sharing Fund Account, and WHEREAS, Federal Revenue Sharing funding has been discontinued by the Federal Government and no further receipts are anticipated, and WHEREAS, The City Council authorized the expenditure of all unexpended funds, • NOW THEREFORE BE IT RESOLVED, That the Lino Lakes City Clerk be authorized to transfer from the Federal Revenue Sharing Fund account the amount of $2,376.93 to be transferred to the General Fund and close the Federal Revenue Sharing Fund permanently. Passed by the City Council this 28th day of December, 1987. Mari yn G. Anderson, Clerk- Treasurer Benson, Mayor