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HomeMy WebLinkAbout1995-177 Council ResolutionCouncil Member Neal introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 95-177 RESOLUTION TRANSFERRING FUNDS FROM THE 1989 CONSTRUCTION FUND TO THE ESCROW FUND FOR RESHANAU 4TH & 5TH ADDITIONS WHEREAS, the construction for these projects is complete, and WHEREAS, the amount remaining in the escrow has been returned, and WHEREAS, the engineering consultant (T.K.D.A.) has reviewed the costs associated with these projects, and WHEREAS, costs for certain engineering and planning were incorrectly charged to the escrow. NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the transfer from the 1989 Construction Fund to the Escrow Fund be approved as follows: Increase Decrease 1989 Construction Fund (453) ($4,871) Escrow Fund (801) $4,871 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 Bergeson 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.