HomeMy WebLinkAbout1997-179 Council ResolutionCouncil member Bergeson introduced the following resolution and
move its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 97-179
RESOLUTION AUTHORIZING THE TRANSFER OF MONIES FROM
THE CERTIFICATES OF INDEBTEDNESS 1994 AND 1995
TO THE CLOSED BOND FUND FOR CLOSURE
WHEREAS, the 1994 Certificates of Indebtedness matured in 1996, and
WHEREAS, the 1995 Certificates of Indebtedness mature in 1997, and
WHEREAS, there remains excess funds in both.
NOW THEREFORE BE IT RESOLVED, that the following transfer and fund closure be
authorized:
Closed Bond Fund (301)
Certificates of Indebtedness 94 (312)
Closed Bond Fund (301)
Certificates of Indebtedness 95 (313)
Increase
$10,537
$ 4,044
Decrease
($10,537)
($ 4,044)
Adopted by the City Council of Lino Lakes this 15th day of December, 1997.
Marilyn G. Anderson, Clerk Treasurer
o n Landers - Mayor
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: