HomeMy WebLinkAbout1992-015 Council ResolutionCouncil member Neal introduced the
following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NUMBER 92-15
RESOLUTION TRANSFERRING FUNDS FROM THE 1991 CONSTRUCTION FUND
TO GENERAL FUND FOR ADMINISTRATION AND AERIAL COST RECOVERY
WHEREAS, the following projects within the 1991 construction
fund will be charged a fee for administration per
resolution 84-04, of which these proceeds will be
credited to the general fund:
PROJECT NAME
White Tail Ridge
Brandywood Estates
Pheasant Hills
Pine Ridge Addition
Reshanau Lk Trunk
Wenzel Farms
TOTAL COST
$ 50,600.00
790,015.00
620,747.00
630,326.00
1,080,676.00
973,800.00
ADMIN FEE
$ 1,518.00
15,800.00
12,414.00
12,606.00
21,613.00
19,476.00
TOTAL ADMINISTRATION FEE $ 63,951.00
WHEREAS, the following projects within the 1991 construction
fund will be charged a fee for aerial cost recovery
per resolution 76-87, of which these proceeds will
be credited to the general fund:
PROJECT NAME CONSTRUCTION COST
White Tail Ridge $ 37,800.00
Brandywood Estates 609,600.00
Pheasant Hills 524,600.00
Pine Ridge Addition 488,100.00
Wenzel Farms 818,500.00
AERIAL FEE
378.00
$ 6,096.00
5,246.00
4,881.00
8,185.00
TOTAL AERIAL PHOTO COST RECOVERY 24,786.00
NOW THEREFORE BE IT RESOLVED, that the following transfers be
made retroactively to December 1991.
Passed the 13th
day of Januar
, 1992.
Vernon F. Reinert
Marilyn G. Anderson, 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.
Whereupon said resolution was declared duly passed and adopted.