HomeMy WebLinkAbout1997-061 Council ResolutionCouncil member Kuether introduced the following
resolution and move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 97-61
RESOLUTION TRANSFERRING FUNDS FROM T.I.F. DISTRICT 3-1
TO THE ESCROW FUND FOR ADMINISTRATIVE EXPENSES
WHEREAS, the Escrow fund has accounted for costs associated with Adgraphics, and
WHEREAS, this account is closed, and
WHEREAS, the total amount owing is $7,863.
NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized.
Increase Decrease
Escrow Fund (801)
T.I.F. 3-1 (414) ($7,863)
$7,863
Adopted by the City Council of Lino Lakes this 12th day of May, 1997.
Marilyn G. Mderson, Clerk Treasurer
n Landers - Mayor
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, Kuether, lyden, Neal, Landers.
The following voted against same: None.
Where upon said resolution was declared duly passed and adopted: