HomeMy WebLinkAbout2005-194 CCR1
Member Kathleen Carmody introduced the following resolution and moved
its adoption:
RESOLUTION NO. 2005-194
RESOLUTION TRANSFERRING GENERAL FUND BALANCE FOR CAPITAL
PURPOSES
WHEREAS, the City has planned to use unspent funds accumulated in the General
Fund for purposes of funding capital needs; and
WHEREAS, the continued maintenance of the street reconstruction projects, requires
these transfers as part of the total funding reserves.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota that the City Manager and Finance Director be and hereby are
authorized to transfer funds from the General Fund on or before December 31, 2005, to the Street
Reconstruction Fund, in amounts that will be consistent with the Fund Balance Policy.
December 12. 2005
Date
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ATTEST: City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Kay Lasman
and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kathleen Carmody, Kay Lasman, Diane Niesen, and Mary O'Connor;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.