HomeMy WebLinkAboutResolution 2002-08 - Authorizing Allocation of Funds City of Corcoran
County of Hennepin
State of Minnesota
RESOLUTION NO. 2002-08
Motion By: Bucher
Seconded By: Thomas
A RESOLUTION AUTHORIZING THE ALLOCATION OF FUNDS
WHEREAS, the Council of the City of Corcoran is diligently striving to achieve a reserve fund
balance; and
WHEREAS, the City understands the importance of designating funds to maintain and meet the
needs of the community, as well as meeting the goals and policies established and defined by the
Governing Bodies; and
WHEREAS, for Budget Year 2001, ending December 31, 2001, the City's General Fund Balance
contained an estimated positive balance of$160,685.
NOW THEREFORE, BE IT RESOLVED that the following fund transfers and designations be
made:
Amount Fund No. Description of Fund
$ 5,000 Fund # 405 Building Inspections
$ 11,500 Fund # 305 Asphalt Maintenance
$ 10,000 Fund # 100 General Fund—Code Enforcement
$ 6,200 Fund# 100 General Fund—Code Codification
$127,985 Fund # 100 General Fund—General Operation
VOTING AYE VOTING NAY
x Bucher, John Bucher, John
x Gageby, David Gageby, David
x Gmach, George Gmach, George
x Guenthner, Ken Guenthner, Ken
_x Thomas, Ron Thomas, Ron
Whereupon, said Resolution is hereby declared passed
on this 14th day of February, 2002.
Kenneth Guenthner, Mayor
ATTEST:
Susan Vergin, CMC, City Seal
g ty Clerk Cay