HomeMy WebLinkAbout1993-051 Council ResolutionCouncil member Kuether introduced the
following resolution and move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 51 -.93
RESOLUTION AUTHORIZING THE TRANSFER OF MONIES FROM
THE CLOSED BOND FUND TO
THE INTERIM CONSTRUCTION FUND
WHEREAS, assessments for the Ash Street East Extension from been
received, and
WHEREAS, there remains a balance of $2,026 owing, and
WHEREAS, this project is complete and no more revenue is
anticipated, and
WHEREAS, expenses of $3,122 were incurred on the County Road J
Project, and
WHEREAS, this project is not active.
NOW THEREFORE BE IT RESOLVED, that the following transfer be
authorized.
Increase Decrease
Ash Street East (550) $2,026
County Road J (550) $3,122
Closed Bond Fund (501) ($5,148)
Adopted by the City Council of Lino Lakes his 23rd day of August,
1993.
Vernon F. Reinert - Mayor
Marlilyn G. Anderson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly
seconded by Council Member Kuether 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: