HomeMy WebLinkAbout1999-011 Council ResolutionCouncil Member Bergeson
its adoption:
introduced the following resolution and moved
CITY OF LINO LAKES
RESOLUTION NO. 99-11
RESOLUTION TRANSFERRING $33,730.00 DOLLARS FROM THE GENERAL
EXCESS RESERVE FUND INTO THE ROAD RECONSTRUCTION FUND
WHEREAS, in 1998 the city council accepted the 1997 City Audit, and
WHEREAS, the 1997 Audit identified an Excess Reserve Fund, and
WHEREAS, after some consideration the city council designated those dollars to various
projects, $33,730.00 of which was to be placed in Road Reconstruction
Fund,
NOW THEREFORE BE IT RESOLVED
That the council does hereby. DESIGNATE AND TRANSFER $33,730.00
FROM THE 1997 GENERAL EXCESS RESERVE FUND IN TO THE ROAD
RECONSTRUCTION FUND:
Adopted by the Lino Lakes City Council this 8th day
Viger, Deputy Clerk '4easurer
arch
ullivan, Mayor
e motion for 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, Sullivan
The following voted against same: none, Dahl and Neal Absent
Whereupon said resolution was duly passed and adopted.