HomeMy WebLinkAbout2009-087 CCRMember Kay Lasman introduced the following resolution and moved
its adoption:
RESOLUTION NO. 2009 -87
RESOLUTION AUTHORIZING TRANSFER OF FUNDS TO EARLE BROWN
HERITAGE CENTER CAPITAL FUND
WHEREAS, the City of Brooklyn Center annually reviews the cash need and
availability for the operations of the Earle Brown Heritage Center; and
WHEREAS, cash generated by the Heritage Center operations during a fiscal year
that is not required for working capital may be transferred to a capital project account for use in
maintaining, repairing, renewing and preserving the buildings and equipment of the facility; and
WHEREAS, the review of cash for the 2008 fiscal year allows for the transfer of up
to $374,518 in cash not needed for working capital.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center that $300,000 in cash be transferred from the Earle Brown Heritage Center
Enterprise Fund to the Earle Brown Heritage Center Capital Fund.
Julv 13, 2009
Date
ATTEST:
I
City Clerk
Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
Tim Roche
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Kay Lasman, Tim Roche, Dan Ryan, and Mark Yelich;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.