HomeMy WebLinkAbout1999-188 CCRMember Ed Nelson introduced the following resolution and moved
its adoption:
RESOLUTION NO. 99-1 RR
RESOLUTION AUTHORIZING THE TRANSFER OF SURPLUS FUNDS FROM THE
GENERAL FUND TO THE SPECIAL ASSESSMENT CONSTRUCTION FUND
WHEREAS, Section 7.11 of the City Charter provides the City Council with the
authority to make permanent transfers between all funds which may be created, provided that such
transfers are not inconsistent with the provisions of relevant covenants, the provisions of this
charter, or State statute; and
WHEREAS, the City Council annually budgets $90,000 in the General Fund, Street
Maintenance Division, to provide for the sealcoating of City streets; and
WHEREAS, on July 12, 1999 by Resolution 99-112 the City Council amended the
1999 General Fund budget to substitute miscellaneous bituminous projects for sealcoating; and
WHEREAS, said miscellaneous bituminous projects are now complete, and there is
a surplus of $30,720 in that budgeted line item; and
WHEREAS, the City Council desires that this surplus be redirected to the Special
Assessment Construction Fund to help finance neighborhood street improvement projects.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota that the General fund shall transfer $30,720 from the Street
Maintenance Division to the Special Assessment Construction Fund.
December 13. 1999
Date Mayor
1A n ^/I
ATTEST:
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Kart Lasman and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.