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HomeMy WebLinkAbout1977-040 CCR Member Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION NO. 77 -40 RESOLUTION TO AUTHORIZE THE CLOSING OF THE PARKS CONCESSION FUND WHEREAS, on March 6, 1967, the City Council created, by the adoption of Resolution No. 67 -60, the PARKS CONCESSION FUND "for the handling of revenues derived from concessions in the City parks and WHEREAS, the maintenance of the Fund has resulted in excessive record keeping and additional audit costs to the City; and WHEREAS, the Fund's activities would be more properly accounted for within the City's regular budget process; and WHEREAS, the independent audit firm retained by the City to conduct the annual audit of the City's financial records and accounts has recommended that the City close the PARKS CONCESSION FUND and transfer its activities to the City's GENERAL FUND: BE IT THEREFORE RESOLVED by the City Council of the City of Brooklyn Center that the Director of Finance be directed to close the books and records of the PARKS CONCESSION FUND and transfer its activities and fund balance to the GENERAL FUND. February 28, 1977 Date G Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Maurice Britts and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Maurice Britts, Tony Kuefler, and Gene Lhotka; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.