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City of Mounds View <br />203.08 203.08 <br />c. In the event of emergency repairs, the authorizing resolution shall state the nature of the <br />repairs, the amount needed for said repairs and shall designate the fund to which the monies <br />are to be transferred. The authorizing resolution shall also state that monies for said <br />emergency repairs had not previously been budgeted and that sufficient monies are not <br />available from other sources to finance said emergency repairs. <br />d. In the event of a permanent transfer to the Fund balance of the General Fund, the <br />authorizing resolution shall state the amount of the transfer and shall indicate whether said <br />transfer is designated for the cash flow reserve or the reserve for contingencies. (1988 Code <br />§27.04) <br />Subd. 6. Amendment or Repeal: Upon the adoption of an ordinance by four-fifths (4/5) of the <br />entire Council, this Section may be amended or repealed. In the event of repeal, monies <br />accumulated in the Fund shall be deposited in the General Fund with the resolution <br />authorizing repeal specifying the purposes for which the funds would be expended. (1988 <br />Code §27.05)