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HomeMy WebLinkAboutResolution 2023-72 Authorizing the Transfer of FundsCity of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2023-72 Motion By: Nichols Seconded By: Bottema A RESOLUTION AUTHORIZING TRANSFER OF FUNDS A ugusf 24, 202J WHEREAS, the City of Corcoran has planned for transferring monies between funds for proper allocation of resources; and WHEREAS, monies need to be allocated to their respective funds for current and future needs; and WHEREAS, the transfers are as follows: Transfer From Transfer To Amount Description Pavement General Fund $16,549.41 County Rd 10/Fir Lane remaining escrow that Management (100) was mistakenly transferred out of escrow Fund (408) account in 2020. To transfer remaining credit back into Bass Lake Crossing and Bass Lake Crossing South escrow accounts. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Corcoran that the above funds be transferred. VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean VOTING NAY U McKee, Will ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 24t" day of August 2023. ATTEST: Michel�Friedrich —City Clerk T6m Mc�!'�ee -Mayor Cify Seal Page 1 of 1