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RESOLUTION N0.6773 <br />WHEREAS, the City adopted budgets for various funds for 2005 that included inter-fund <br />transfers for various purposes; and <br />APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2005 <br />WHEREAS, it is possible to reduce transfers from several other funds to the General <br />Fund due to positive 2005 financial results in the General Fund; and <br />WHEREAS, the Economic Development Authority sold land held for development and <br />received reimbursement for administrative expenditures related to the Medtronic development <br />that covered multiple years thus eliminating the need for a transfer. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View <br />that the following transfers for the calendar year 2005 are hereby approved in the amounts listed <br />in the Actual column: <br />CITY OF MOUNDS VIEW <br />County of Ramsey <br />State of Minnesota <br />From <br />Water Fund <br />• Sewer Fund <br />Vehicle & Equip <br />Special Projects <br />General Fund <br />General Fund <br />Water Fund <br />Sewer Fund <br />Storm Water Fund <br />Vehicle & Equipment <br />T.{.F. Dist. #1 <br />T.I.F. Dist. #1 <br />T.I.F. Dist. #3 <br /> Budgeted Actual <br />T o Amount Amount <br />General Fund $48,850 $48,850 <br />General Fund 38,690 38,690 <br />General Fund 259,000 60,000 <br />General Fund 90,000 -0- <br />Community Center 142,000 142,000 <br />Vehicle & Equipment 175,000 175,000 <br />Vehicle & Equipment 20,000 20,000 <br />Vehicle & Equipment 36,000 36,000 <br />Vehicle & Equipment 6,000 6,000 <br />Storm Water Fund 114,000 114,000 <br />T.1.F. Bonds 01A 180,000 180,000 <br />EDA 236,092 -0- <br />EDA 236,092 -0- <br />BE IT FURTHER RESOLVED that the 2005 budget for the Special Projects Fund be <br />amended to increase Transfers to the Community Center Fund $15,000. <br />Passed and adopted this 13th day of March, 2006. <br />Rob Marty, Mayor <br />ATTEST: ~j ~ C~ <br />~C~-~'l '~ _ _ r <br />Kurt Ulrich, City Administrator <br />(seal) <br />• <br />