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RESOLUTION NO. 4246 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> A RESOLUTION ESTABLISHING THE MUNICIPAL GOLF <br /> COURSE DEVELOPMENT FUND <br /> WHEREAS, the City Council wishes to pursue the development <br /> of a Municipal Golf Course within the City; and <br /> WHEREAS, the City Council desires to have all revenues and <br /> expenditures pertaining to the golf course development accounted <br /> for in a separate fund. <br /> NOW, THEREFORE, BE IT RESOLVED that the City Council of the <br /> City of Mounds View does hereby declare the following: <br /> 1. Establish and create a fund designated as the <br /> "Municipal Golf Course Fund" . <br /> 2 . Deposit in said fund any monies which may be designated <br /> by the Council. <br /> 3 . Expenditures of the fund shall be those designated by <br /> the Council. <br /> 4 . Council may direct that an annual budget be prepared <br /> for the City Hall Improvements Fund and that said <br /> budget shall be considered and approved by the Council <br /> in the same manner as other budgeted City funds. <br /> 5. An—annual accounting o€ the—revenues—ancd PxpPnd i tures <br /> of said fund shall be prepared and submitted to the <br /> Council in the same manner as other City funds. <br /> Adopted this 22nd day of June, 1992 . <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> City Administrator <br />