Laserfiche WebLink
RESOLUTION NO. 3026 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> Pursuant to due call and notice thereof, a meeting of the <br /> Council of the City of Mounds View, Minnesota was held at City <br /> Hall on April 23, 1990 with the following members present: <br /> and the following members absent: <br /> Member introduced the following resolution and moved its <br /> adoption: <br /> A RESOLUTION DESIGNATING RETAINED EARNINGS OF THE SEWER <br /> FUND AS A RESERVE FOR FUTURE MAINTENANCE AND CAPITAL <br /> IMPROVEMENT PROJECTS <br /> WHEREAS, the 1988 and 1989 Sewer Budgets provided $66, 374 <br /> for projects contained in the 1983 Water and Sewer Systems <br /> Maintenance and Capital Improvement Program; and <br /> WHEREAS, on December 31, 1989 there remained a balance of <br /> • $66, 374 available for Sewer Fund projects; and <br /> WHEREAS, it is the desire of the Council to make those <br /> monies available for future maintenance and capital improvement <br /> projects; <br /> NOW, THEREFORE BE IT RESOLVED by the Council that an <br /> additional $66 , 374 of retained earnings of the Sewer Fund is <br /> hereby designated as a Reserve For Future Maintenance and Capital <br /> Improvement Projects and affirms that as a consequence of this <br /> designation the total amount so designated is now $193,523 . <br /> • - • • • • • • - - •• '- r-so u ion was •u y secon•e• <br /> by Member and upon a vote being taken, Ayes Nays, <br /> said resolution was declared duly passed and adopted this 23rd <br /> day of April, 1990 . <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> • Clerk-Administrator <br />