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RESOLUTION NO. 4157 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> A RESOLUTION ESTABLISHING THE STREET LIGHT UTILITY FUND <br /> WHEREAS, the Council on November 25, 1991, adopted Ordinance <br /> No. 497 which established a street light utility program; and <br /> WHEREAS, the Council desires to have all revenues and <br /> expenditures pertaining to the street light utility program <br /> accounted for in a separate City fund. <br /> NOW, THEREFORE, BE IT RESOLVED that the Council of the City <br /> of Mounds View does hereby establish and create a fund designated <br /> as the "Street Light Utility Fund"; <br /> BE IT FURTHER RESOLVED, by the Council of the City of Mounds <br /> View that there shall be deposited in said fund all payments <br /> received by the City pursuant to provisions of Ordinance No. 497; <br /> BE IT FURTHER RESOLVED, by the Council of the City of Mounds <br /> View that expenditures of the fund shall be those normally <br /> associated with the installation, operation, and maintenance of a <br /> street light utility; <br /> BE IT FURTHER RESOLVED, by the Council of the City of Mounds <br /> View that an annual budget shall be prepared for the Street Light <br /> Utility Fund and that said budget shall be considered and <br /> approved by the Council in the same manner as other budgeted City <br /> funds; <br /> BE IT FINALLY RESOLVED, by the Council of the City of <br /> Mounds View that an annual accounting of the revenues and <br /> expenditures of said fund shall be prepared and submitted to the <br /> Council in the same manner as other City funds. <br /> Adopted this 23rd day of December, 1991. <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> Clerk-Administrator <br />