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HomeMy WebLinkAbout1995-176 Council ResolutionCouncil Member Elliott introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 95-176 RESOLUTION TRANSFERRING FUNDS FROM THE GENERAL FUND TO THE ESCROW FUND FOR SUNNYGATE IV ADDITION WHEREAS, the construction for this project is complete, and WHEREAS, the amount remaining in the escrow will be returned, and WHEREAS, there were costs incurred for street signs, and WHEREAS, a portion of these street sign costs were assessed, and WHEREAS, the General Fund was reimbursed for these costs. NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the transfer from the General Fund to the Escrow Fund be approved as follows: Increase Decrease General Fund (101) ($960) Escrow Fund (801) $960 Adopted by the City Council of Lino Lakes this 11th day of December, 1995. Vernon F. Reinert - Mayor h'16 - Marilyn G. Anderson - Clerk Treasurer The motion for the adoption of the foregoing resolution was duly seconded by Kuether 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.