HomeMy WebLinkAbout1993-012 Council ResolutionCouncil member Kuether
following resolution and move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 12-93
introduced the
RESOLUTION AUTHORIZING THE TRANSFER OF MONIES
FOR VARIOUS DECEMBER 31, 1992 AUDIT ADJUSTMENTS
WHEREAS, there remains a balance in the escrow fund for Pine Oaks
that many attempts have been made to return the funds to no avail,
and
WHEREAS, personnel costs have been charged to the Economic
Development Fund, and
WHEREAS, nonreimbursable costs remain in the Fire Hall Construction
Fund and the construction is complete, and
WHEREAS, there are previous years expenditures in the Community
Development Block Grant Fund that are nonreimbursable.
NOW THEREFORE BE IT RESOLVED, that the following transfers be made
effective December 31, 1992.
Escrow Fund (803)
General Fund (101)
Economic Development Fund (540)
Tax Increment 1-1 (407)
Tax Increment 1-2 (408)
Fire Hall Construction (568)
Closed Bond Fund (501)
Community Development Block Grant (402)
General Fund (101)
(530.10)
530.10
3,172.14
(1,586.07)
(1,586.07)
2,946.35
(2,946.35)
2,500.00 Est.
(2,500.00)Est.
Adopted by the City Council of Lino Lak-- his 8th day of March,
1993.
Vernon F. Reinert - Mayor
Marilyn G. Anderson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly
seconded by Council Member Bergeson and upon vote being taken
thereon, the following voted in favor thereof: Bergeson, Elliott,
Kuether, Reinert.
The following voted against same: None, Council Member Neal was absent.
Where upon said resolution was declared duly passed and adopted: