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