HomeMy WebLinkAbout1995-175 Council ResolutionCouncil Member Bergeson
and moved its adoption:
introduced the following resolution
CITY OF LINO LAKES
RESOLUTION NO. 95-175
RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM
THE CLOSED BOND FUND TO THE ESCROW FUND
WHEREAS, there are outstanding escrow accounts that cannot be collected, and
WHEREAS, Greenhaven Press charges were for possible location here and are
$2,411.57, and
WHEREAS, Woodridge Estates Drainage was done after the closure of the project and
the charges are $1,606.19, and
WHEREAS, Willow Ponds charges date back to March, 1989. The plat was not
approved and the property has changed hands a couple of times. The charges are
$5,493.06.
NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the
transfer from the Closed Bond Fund to the Escrow Fund be approved as follows:
Increase Decrease
Closed Bond Fund (301)
Escrow Fund (801) $9,510.82
($9,510.82)
Adopted by the City Council of Lino Lakes this 11th day of December, 1995.
Vernon F. Reinert - Mayor
Marilyn G. Anderson - Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by Neal
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.