HomeMy WebLinkAbout2000-057 Council ResolutionL
Council Member
and moved its adoption:
iP(1 introduced the following resolution
CITY OF LINO LAKES
RESOLUTION 00-57
RESOLUTION NO. 00-57 TRANSFERRING $155,783 FROM THE AREA AND
UNIT FUND TO THE GENERAL FUND EFFECTIVE DECEMBER 31, 1999
WHEREAS, the city is in the process of finalizing the 1999 budget year, and
WHEREAS, the 1999 adopted General Fund budget calls for a $155,783 transfer from
the Area and Unit fund to the General Fund , and
NOW THEREFORE BE IT RESOLVED that the following resolution formally
authorizes the transfer from the Area and Unit fund to the General fund with an effective
date of December 31, 1999.
Area and Unit Fund(406)
General Fund(101)
($155,783)
$155,783
Adopted by the Lino Lakes City Council this 8th day of May 2000.
4k%La.
Ry-thel Gaustad, CMC City Clerk
John J. Ber:eson, Mayor
The motion for adoption of the foregoing resolution was duly seconded by Council
Member Cm ,e,-(1 and upon vote being taken thereon, the following voted in
favor thereof:
The following voted against the same:
Whereupon said resolution was duly passed and adopted
Consent Agenda 1D
STAFF ORIGINATOR Al Rolek, Director of Finance
DATE 05/08/00
TOPIC Resolution No.00-57 Transferring $155,783 from the Area
and Unit Fund to the General Fund Effective December 31,
1999
VOTE REQUIRED Simple Majority
BACKGROUND
The city is in the process of finalizing the 1999 budget year. The 1999 adopted General
Fund budget calls for a $155,783 transfer from the Area and Unit Fund to the General
Fund. The following resolution will formally authorize the transfer with an effective date
of December 31, 1999.
OPTIONS
1. Adopt Resolution 00-57
�— RECOMMENDATION
Option 1