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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 4264 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />A RESOLUTION DESIGNATING A PORTION OF THE <br />FUND BALANCE OF THE GENERAL FUND <br /> <br />WHEREAS, as of December 31, 1991 undesignated Fund Balance <br />of the General Fund amounts to $168,183; and <br /> <br />WHEREAS, the Council of the City of Mounds View desires to <br />provide for the financial security of the City; <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the Council of the City <br />of Mounds View does hereby authorize the following designations <br />of the Fund Balance of the General Fund: <br /> <br />Designated for revenue shortfalls <br /> <br />$ 100,000 <br /> <br />Designated for litigation <br /> <br />$ 30,000 <br /> <br />BE IT FURTHER RESOLVED that the Council of the City of <br />Mounds View increases the present designation for ensuing years <br />budget by $38,163 and authorizes this amount to be used for the <br />1993 General Fund Budget. <br /> <br />Adopted this 27th day of August, 1992. <br /> <br />ATTEST: <br /> <br />/---. ~/k '/ <br />(:d~q' ~ <br /> <br />Mayor <br />/ ~ <br />~ <br /> <br />(SEAL) <br /> <br />