HomeMy WebLinkAbout1992-007 Council ResolutionCouncil member Neal introduced the
following resolution and move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 92 - 07
RESOLUTION TRANSFERRING FUNDS FROM THE GENERAL FUND
TO THE 1990A IMPROVEMENT BONDS FOR THE FIRE STATION
BOND PAYMENTS
WHEREAS, the 1991 Budget Public Hearing was held on December 12,
1990, and
WHEREAS, there was a motion to decrease General Fund Reserves by
$57,283.00 for Fire Station bond payments, and
WHEREAS, this resolution performs the motion of the 1991 Budget
Public Hearing.
NOW THEREFORE BE IT RESOLVED, that the following transfer be made
effective December 31, 1991.
INCREASE DECREASE
1990A Improvement Bonds (518) $57,283.00
General Fund (101) ($57,283.00)
Adopted by the City Council of Lino Lakes this 13th day of January,
1992.
Vernon F. Reinert - Mayor
6s L1,
ar'I lyn, G. -Anderson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly
seconded by Counci 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