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HomeMy WebLinkAbout1995-180 Council ResolutionCouncil Member Kuether and moved its adoption: introduced the following resolution CITY OF LINO LAKES RESOLUTION NO. 95-180 RESOLUTION TRANSFERRING FUNDS FROM THE 1991 CONSTRUCTION FUND, THE SEAL COATING FUND AND THE GENERAL FUND TO THE ESCROW FUND FOR WENZEL FARMS 3RD, 4TH AND 5TH ADDITIONS WHEREAS, the construction for these projects is almost complete, and WHEREAS, the engineering consultant (T.K.D.A.) has reviewed the costs associated with these projects, and WHEREAS, certain engineering costs, wear course costs and tree plantings were incorrectly charged to the escrow. NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the transfer from the 1991 Construction Fund, the Seal Coating Fund and the General Fund to the Escrow Fund be approved as follows: Increase Decrease 1991 Construction Fund (454) ($2,520) Escrow Fund (801) $2,520 Seal Coating Fund (422) ($ 125) Escrow Fund (801) $ 125 General Fund (101) ($ 480) Escrow Fund (801) $ 480 Adopted by the City Council of Lino Lakes this 11th day of December, 1995. Vernon F. Reinert - Mayor Marilyn Anderson - 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.