HomeMy WebLinkAbout1995-182 Council ResolutionCouncil Member Kuether
and moved its adoption:
introduced the following resolution
CITY OF LINO LAKES
RESOLUTION NO. 95-182
RESOLUTION TRANSFERRING FUNDS FROM THE 1993 CONSTRUCTION FUND
TO THE CLOSED BOND FUND FOR CLOSURE
WHEREAS, this construction fund was established for Brandywood 2nd Addition, and
WHEREAS, the construction is complete on this project, and
WHEREAS, there remains a balance, and
WHEREAS, the Closed Bond Fund accounts for all excess funds from closed
construction funds.
NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the
transfer from the 1993 Construction Fund to the Closed Bond Fund be approved as
follows:
Increase Decrease
Closed Bond Fund (301) $16,741
1993 Construction Fund (455)
($16,741)
Adopted by the City Council of Lino Lakes this 11th day of December, 1995.
Vernon F. Reinert - Mayor
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Mafilyn�nderson - 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.