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RESOLUTION NO. <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION CANCELLING AN IN'fF,RFUND LOAN FOR THE, PURCHASE <br />AND INSTALLATION OF PARK SHFLPEP. BIJ!LDINGS AND AIITHORIZIMG A <br />TRANSFER OF FUNDS TO THE PARK IMPROVEMENT FUND FROM THE <br />RECREATION ACTIVITY FUND <br />WHEREAS, the Council, by motion on September 20, 1982, <br />authorized an interfund loan from Lhe Special Capital Projects <br />Fund (now known as the Silver Fake Woods Improvement Project <br />Fund) to the Recreation Activity Fund for the purchase and <br />installation of Li,ree park,, shelter buildings; and <br />WHEREAS, the Council recognizes the need and supports <br />further improvements to the City's Park System; <br />NOW, THEREFORE BE IT RESOLVED by the Council that the <br />above referenced interfund loan is hereby cancelled and that <br />the funds transferred for the interfund loan are to be a <br />permanent transfer of funds to the Recreation Activity Fund <br />from the Silver Lake Woods Improvement Project Fund; <br />BE IT FURTHER RESOLVED by the Council that a permanent <br />transfer of $10,000 from the Recreation Activity Fund to the <br />Park Improvement Fund is herehv authorized. <br />Adopted this day of <br />ATTES'r: <br />(SEAL) <br />yor <br />erk-Administrator <br />