HomeMy WebLinkAbout1992-005 Council ResolutionCouncil member Neal introduced the
following resolution and move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 92 - 05
RESOLUTION AUTHORIZING THE TRANSFER OF MONIES FROM
THE 1991 CONSTRUCTION FUND TO THE INTERIM CONSTRUCTION
FUND AND FROM THE CONTRACTOR DEPOSIT FUND TO THE 1991
CONSTRUCTION FUND
WHEREAS, Bonds have been sold to pay for various projects, and
WHEREAS, previous years costs have been incurred, and
WHEREAS, various costs were paid from contractor's deposits and
should not have been.
NOW THEREFORE BE IT RESOLVED, that the following transfers be made
retroactive to December 31, 1991.
Interim Construction Fund (550)
Contractor's Deposits (803)
1991 Construction Fund (570)
INCREASE DECREASE
$76,550.06
1,319.98
($77,870.04)
Adopted by the City Council of Lino Lakes this 13th day of January,
1992.
Vernon F. Reinert - Mayor
/7/Luc
Marilyn G.' An erson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly
seconded by Council Member Elliott and upon vote being taken
thereon, the following voted in favor thereof: Neal, Kuether, Reinert,
Elliott.
The following voted against same: None.
Where upon said resolution was declared duly passed and adopted:
(E) - Denotes estimated levy amount