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RESOLUTION NO. 6976 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />Closing Fund 499, MSA Capital Projects Fund <br />WHEREAS, the City desires to maintain accounting records that follow Generally Accepted <br />Accouirting Principals (GAAP); and <br />WHEREAS, GAAP overarching principals state that no more fiends then necessary should be used <br />to record accounting activity; and <br />WHEREAS, fluid 499, MSA Capital Projects Fund is no longer necessary; and <br />WHEREAS, the City Council has discussed the proposed change and wishes to close fund 499. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that <br />fund 499, MSA Capital Projects Fund be closed and the following 2006 budget adjustments are <br />approved to facilitate the closure. <br />Increase Transfer out 499-4470-9900 <br />Increase Transfer in 285-972 <br />Adopted this I 1 ~~' day of December 2006. <br />$601,458.78 <br />$601,458.78 <br />ATTEST: <br />(SEAL) <br />Rob Marty, Mayor <br />Kurt Ulrich, City Administrator <br />• <br />