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HomeMy WebLinkAboutResolution 2023-37 Amending and Creating FundsCity of Corcoran County of Hennepin State of Minnesota RESOLUTION INU. 2023-37 Motion By: Bottema Seconded By: Nichols A RESOLUTION TO CREATE AND AMEND FUNDS April27, 2023 WHEREAS, the City of Corcoran strives to be fiscally responsible and to designate funds to maintain and meet the needs of the community; and WHEREAS, the 2023A Debt Service Fund (314) will track the payment of the debt service bond; and WHEREAS, the Long Range Planning Fund (401) will be for future City projects; and WHEREAS, the Stormwater Fund (603) will be for stormwater activities; and WHEREAS, the Streetlight Fund (604) will be for adopted streetlights from developments; and WHEREAS, the Police Donation Fund (202) will be amended to City Community Events Fund; and NOW THEREFORE BE IT BE RESOLVED, that the Council of the City of Corcoran, County of Hennepin, State of Minnesota, hereby creates funds 314, 401, 603, 604 and amend fund 202. VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean VOTING NAY U McKee, Tom ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 27th day of April 2023. ATTEST: Y Miche Friedrich —City Clerk Tome McKee —Mayor Page 1 of 1 City Seal