HomeMy WebLinkAbout1997-182 Council ResolutionCouncil member Bergeson
move its adoption:
introduced the following resolution and
CITY OF LINO LAKES
RESOLUTION NO. 97-182
RESOLUTION TRANSFERRING FUNDS FROM T.I.F. DISTRICT 1-7
TO THE ESCROW FUND FOR ADMINISTRATIVE EXPENSES
WHEREAS, the Escrow Fund has accounted for costs associated with Custom Remodelers, and
WHEREAS, this account is closed, and
WHEREAS, the total amount owing is $45,786.
NOW THEREFORE BE IT RESOLVED, that the following transfer be authorized.
Escrow Fund (801)
T.I.F. 1-7 (413) ($45,786)
Increase Decrease
$45,786
Adopted by the City Council of Lino Lakes this 15th day of December, 1997.
n Landers - Mayor
Marilyn G. Ahderson, 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, Lyden,
Neal, Landers.
The following voted against same: None
Where upon said resolution was declared duly passed and adopted: