HomeMy WebLinkAbout1997-176 Council ResolutionCouncil member Bergeson
move its adoption:
introduced the following resolution and
CITY OF LINO LAKES
RESOLUTION NO. 97-176
RESOLUTION AUTHORIZING THE TRANSFER OF MONIES FROM
THE AREA AND UNIT FUND TO THE ESCROW FUND
WHEREAS, City costs incurred on the Centennial School construction have been charged to the
escrow fund, and
WHEREAS, these costs have been assessed to the school and allocated to the Area and Unit
Fund.
NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized:
Increase Decrease
$93,461
Escrow Fund (801)
Area and Unit Fund (406) ($93,461)
Adopted by the City Council of Lino Lakes this 15th day of December, 1997.
n Landers - Mayor
Marilyn G. Anderson, Clerk Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by Council Member Lyden
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: