HomeMy WebLinkAbout2012-022 CCR Member Kay Lasman introduced the following resolution and moved its
adoption:
RESOLUTION NO. 2012 -22
RESOLUTION AUTHORIZING TRANSFER OF UNUSED FUND BALANCE
WHEREAS, the Capital Maintenance Building Plan originally estimated needed
funds totaling $148,500 for the work to be performed in 2010 by the Capital Improvements Plan
adopted by the City Council on December 14, 2009; and
WHEREAS, $115,900 was transferred from the General Fund to the
Infrastructure Construction Fund on June 14, 2010, to fund a portion of the 2010 Capital
Maintenance Building Plan Project and
WHEREAS, the 2010 Capital Maintenance Building Project is complete and the
final expenditures amount to $129,189.52 and amended revenues are as follows:
REVENUES Original Estimate As Final
Infrastructure Construction Fund $115,900.00 $ 82,871.95
Sanitary Sewer Utility Fund $ 1,700.00 $ 6,555.58
Water Utility Fund $ 31,000.00 $ 35,007.49
Federal Energy Grant $ $ 4,754.50
Total. Revenue $148,600.00 $129,189.52
WHEREAS, there are unspent, excess funds that were transferred from the
General Fund to the Infrastructure Construction Fund for the 2010 Capital Maintenance Building
Project; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center that the City Manager is hereby authorized to transfer unused funds from the
Infrastructure Construction Fund to the General Fund in the amount of $33,028.25'
February 13 2012
Date Mayor
ATTEST: - a" 6440�
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Dan Ryan
and upon vote being taken thereon, the following voted in favor thereof.
Tim Willson, Carol Kleven, Kay Lasman, Lmri Myszkowski, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.