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RESOLUTION NO. 7738 CITY OF MOUNDS VIEW County of Ramsey State of Minnesota APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2010 WHEREAS, the City has adopted budgets for various funds for 2010 that included inter-fund transfers for various purposes; and WHEREAS, it is possible to reduce the transfer to the Community Center Special Revenue Fund due to positive 2010 financial results; and WHEREAS, some equipment in the General, Storm Water and Sewer funds was not purchased; and WHEREAS, some activities and projects budgeted for in the Economic Development Authority Fund did not occur which eliminates the need to make the full budgeted transfers. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following transfers for the calendar year 2010 are hereby approved up to the amounts listed in the Actual column: From To Budget Actual Water Fund General Fund $61,655 $61,655 Sewer Fund General Fund 48,833 48,833 Street Light Fund General Fund 2,186 2,186 Special Projects Fund General Fund 90,000 - Levy Reduction General Fund 250,000 250,000 Vehicle & Equipment General Fund 65,600 13,319 DARE Fund General Fund 4,393 4,393 General Fund Community Center 175,000 170,000 General Fund Vehicle & Equipment 50,000 50,000 Water Fund Vehicle & Equipment 20,000 20,000 Sewer Fund Vehicle & Equipment 36,000 36,000 Storm Water Fund Vehicle & Equipment 16,000 16,000 Vehicle & Equipment Sewer Fund 330,000 - Vehicle & Equipment Storm Water Fund 40,000 - Water Fund Street Improvement Fund 100,000 100,000 Sewer Fund Street Improvement Fund 160,000 160,000 Storm Water Fund Street Improvement Fund 40,000 40,000 TIF District #1 EDA 109,398 25,000 TIF District #2 EDA 109,397 25,000 TIF District #3 EDA 109,397 25,000 TIF District #5 EDA 56,997 53,670