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HomeMy WebLinkAbout1989-089 Council ResolutionCITY OF LINO LAKES RESOLUTION NO. 89 -89 RESOLUTION AUTHORIZING THE CITY ACCOUNTANT TO TRANSFER FUNDS FROM CERTAIN IMPROVEMENT PROJECTS FOR ADMINISTRATION FEES WHEREAS, a schedule of Administration Fees for improvement projects was approved by the Lino Lakes City Council, and, WHEREAS, six improvement projects have been approved by the Lino Lakes City Council and the include the Reshanau Phase 2B, Sunrise Meadows, Woodridge Estates/Rohavic Oaks, West Central Trunk Phase 1, Sunnygate, and Reshanau Park Estates, NOW THEREFORE BE IT RESOLVED: 1. That the Lino Lakes City Council hereby authorizes the City Accountant to transfer $ 3,508.00 from the Reshanau Lake Estates Phase 2b Construction Fund. 2. That the Lino Lakes City Council hereby authorizes the City Accountant to transfer $13,427.00 from the Sunrise Meadows Construction Fund to the General Fund to cover administrative costs of the project. 3. That the Lino Lakes City Council hereby authorizes the City Accountant to transfer $ 12,614.00 from the Woodridge Estates/Rohavic Oaks Construction Fund to the General Fund to cover administrative costs of the project. 4. That the Lino Lakes City Council hereby authorizes the City Accountant to transfer $31,498.00 from the West Central Trunk Phase 1 Construction Fund to the General Fund to cover administrative costs of the project. 5. That the Lino Lakes City Council hereby authorizes the City Accountant to designate Administrative charges for developer initiated projects. Two such developer initiated projects are: Sunnygate (Good Value Homes) $ 3,387.00 `.. Reshanau Park Estates 5,052.00 And, that all such transfers will be made in 1990. Page 1 RESOLUTION NO -89 CONT. Adopted by the Lino Lakes City Council this 26th day of December 1989. Benjamin G. Benson, Mayor Maylii G. Anderson, Clerk Treasurer Page 2