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HomeMy WebLinkAboutResolution 3085 . . . RESOLUTION NO. 3085 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION AUTHORIZING THE USE OF SEWER FUND RETAINED EARNINGS DESIGNATED FOR FUTURE MAINTENANCE FOR THE PURCHASE OF SEWER MAIN INSPECTION EQUIPMENT AND AMENDMENT OF THE 1990 SEWER BUDGET WHEREAS, the City Council of the City of Mounds View awarded a bid for the purchase of television inspection equipment on September 10, 1990; and WHEREAS, Cues, Inc. has available a unique piece of equipment not available from other vendors at this time or at similar prices; and WHEREAS, insufficient funds were budgeted for the purchase of this equipment; and WHEREAS, it is within the City Council's authority to transfer funds as it deems necessary. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby authorizes the use of $41,000 of the Sewer Fund Retained Earnings Designated for Future Maintenance for the purchase of television inspection equipment and amends the 1990 Sewer Fund Budget by increasing the amounts budgeted for Appropriation of Fund Balance, account 730-3850, and 'Sewer Operations, Capital, account 730-4121-703 by $41,000. Adopted this 10th day of September, 1990. ATTEST: 4~?7? .~ Mayor (SEAL) ~~ Acting ler - inistrator