HomeMy WebLinkAbout1998-065 Council ResolutionCouncil member Neal
move its adoption:
introduced the following resolution and
CITY OF LINO LAKES
RESOLUTION NO. 98-65
RESOLUTION TRANSFERRING DOLLARS FROM VARIOUS
FUNDS TO AID IN THE CONSTRUCTION OF CITY HALL
AND POLICE STATION
WHEREAS, funds are dollars are available in various funds, and
WHEREAS, the City Council has authority to use these funds for use they see fit, and
WHEREAS, the utility funds will be reimbursed their contribution at time of sale of the current
Police Station land, and
WHEREAS, the amount to be transferred is $2,700,000.
NOW THEREFORE BE IT RESOLVED, that the following transfers be authorized and that the
Apollo Drive Construction Fund and the Industrial Park Fund be closed:
Increase Decrease
Civic Ctr Construction Fund (432) $2,700,000
Area and Unit Fund (406) (500,000)
Surface Water Management Fund (422) (250,000)
Closed Bond Fund (301) (954,492)
Apollo Drive Construction Fund (452) (336,498)
Industrial Park Fund (451) (479,010)
Water Operating (601) ( 90,000)
Sewer operating (602) ( 90,000)
Adopted by the City Council of Lino Lakes this 11th d
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Marilyn G. Anderson, Clerk Treasurer
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I.LLIA .1.iI
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May,
livan - Mayor
The motion for the adoption of the foregoing resolution was duly seconded by Council Member
Bergesonand upon vote being taken thereon, the following voted in favor thereof: Bergeson, Dahl,
Neal, Sullivan.
RESOLUTION NO. 98 - 65
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The following voted against same: none, Council Member Lyden was absent.
Where upon said resolution was declared duly passed and adopted: