HomeMy WebLinkAboutResolution 4264
.
.
.
RESOLUTION NO. 4264
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
A RESOLUTION DESIGNATING A PORTION OF THE
FUND BALANCE OF THE GENERAL FUND
WHEREAS, as of December 31, 1991 undesignated Fund Balance
of the General Fund amounts to $168,183; and
WHEREAS, the Council of the City of Mounds View desires to
provide for the financial security of the City;
NOW, THEREFORE, BE IT RESOLVED that the Council of the City
of Mounds View does hereby authorize the following designations
of the Fund Balance of the General Fund:
Designated for revenue shortfalls
$ 100,000
Designated for litigation
$ 30,000
BE IT FURTHER RESOLVED that the Council of the City of
Mounds View increases the present designation for ensuing years
budget by $38,163 and authorizes this amount to be used for the
1993 General Fund Budget.
Adopted this 27th day of August, 1992.
ATTEST:
/---. ~/k '/
(:d~q' ~
Mayor
/ ~
~
(SEAL)