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RESOLUTION NO. 8507 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF Ramsey <br /> State of Minnesota <br /> APPROVING TRANSFERS BETWEEN FUNDS FOR 2015 <br /> WHEREAS, the City has adopted budgets for various funds for 2015, the budgets <br /> include inter-fund transfers for various purposes; and <br /> WHEREAS, it is possible to adjust some of the transfers from the originally <br /> budgeted amounts; and <br /> WHEREAS, the General fund saw favorable operating results providing an <br /> opportunity to restore some of the fund balance in the Special Projects Fund; and <br /> WHEREAS, activities in the Economic Development Authority Fund were greater <br /> than expected as a result of additional development activities; and <br /> WHEREAS, the Water Enterprise fund has experienced significant activity over the <br /> past four years to catch up on deferred maintenance, discontinuing on a temporary basis <br /> outgoing transfers will allow the fund to rebuild cash reserves. <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds <br /> View that the following transfers for the calendar year 2015 are hereby approved up to the <br /> amounts listed in the Actual column and the General, EDA, and Special Projects Fund <br /> budgets are amended for the additional transfer amounts: <br />