HomeMy WebLinkAbout1995-095 Council ResolutionCouncil member
Kuether
resolution and move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 95-95
introduced the following
RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS
FROM TAX INCREMENT 1-1 AND TAX INCREMENT 1-2 TO THE
GENERAL FUND
WHEREAS, the 1995 Budget provided funding for the Community Development Director
position, and
WHEREAS, 1/2 of this position was to be funded with Tax Increment Financing funds, and
WHEREAS, this amount is $38,000.
NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized.
Increase Decrease
General Fund (101) 38,000
Tax Increment 1-1 (407) 19,000
Tax Increment 1-2 (408) 19,000
Adopted by the City Council of Lino Lakes this 14th day of August, 1995.
Vernon F. Reinert - Mayor
MarilynAnderson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by
Elliott and upon vote being taken thereon, the following voted in favor thereof:
Bergeson, Elliott, Kuether, Neal, Reinert.
The following voted against same: None.
Where upon said resolution was declared duly passed and adopted: