HomeMy WebLinkAbout1999-114 Council ResolutionCouncil Member Neal
moved its adoption:
introduced the following resolution and
CITY OF LINO LAKES
RESOLUTION 99-114
RESOLUTION TRANSFERRING $55,444.00 DOLLARS FROM THE GENERAL
FUND FUND BALANCE INTO THE DEDICATED PARKS FUND
WHEREAS, in 1999, the City Council accepted the 1998 Financial Report, and
WHEREAS, the 1998 Financial Report identified excess revenues in the General
Fund, and
WHEREAS, after consideration the City Council designated $55,444.00 dollars
towards the following projects:
1. Mallard Lane Project $28,000.00
2. Park and Trail Improvements $27,444.00
NOW THEREFORE BE IT RESOLVED that the council does hereby transfer
$55,444.00 from the Designated General Fund fund balance into the Dedicated
Parks Fund.
Adopted by the Lino Lakes City Council this
Ry el Gaustad, CMC City Clerk
ber, 1999.
Sullivan, Mayor
The motion for adoption of the foregoing resolution was duly seconded by
Council Member Bergeson and upon vote being taken thereon, the
following voted in favor thereof:
Bergeson, Dahl Lyden, Neal, Sullivan
The following voted against the same: None
Whereupon said resolution was duly passed and adopted