HomeMy WebLinkAbout2001-149 B CCRMember Ed Nelson introduced the following resolution and moved its
adoption:
RESOLUTION NO. 2001-149 B
RESOLUTION AUTHORIZING AND DIRECTING FUND TRANSFERS TO THE
SPECIAL ASSESSMENT CONSTRUCTION FUND AND CAPITAL
IMPROVEMENT FUND
WHEREAS, the City Council has adopted a plan for reconstruction of infrastructure
and other improvements in the community to include parks, trails/pathways, and municipal facilities;
and
WHEREAS, amounts dedicated to this purpose have been identified to the City
Council as part of the CIP; and
WHEREAS, the City Council has indicated that amounts in excess of the policy
requirements for fund balance in the General Fund should be directed to the Special Assessment
Construction Fund and the Capital Improvement Fund; and
WHEREAS, amounts have been identified in excess of the policy requirements.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF BROOKLYN CENTER that the following amounts be transferred as identified.
From: General Fund-Fund Balance $340,000
To: Capital Project Fund $115,000
To: Special Assessment Construction Fund $225,000
November 13, 2001
ate Mayof
ATTEST: lww_q\
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, Kay Lasman, Ed Nelson, Bob Peppe, and Tim Ricker;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.