HomeMy WebLinkAboutResolution 2020-35 Authorizing Interfund TransferCity of Corcoran
County of Hennepin
State of Minnesota
RESOLUTION NO. 2020-35
Motion By: Anderson
Seconded By: Schultz
AUTHORIZING AN INTERFUND TRANSFER
May 7 4, 2020
WHEREAS, the City of Corcoran has completed the 2019 audit and desires to make transfers in
advance of finalizing audit documents; and
WHEREAS, the City desires to move previously planned funds to a new account for the
proposed City Hall remodel project, and;
WHEREAS, the City will close out the Shannon Lane improvement project and shift remaining
revenues to the Asphalt ;
NOW, THEREFORE, IT IS HEREBY RESOLVED:
That the below interfund transfers are authorized.
Fund Description
Account
Transfer Amount
CITY HALL
REMODEL
4004190M9200
3001000000
GENERAL
FUND
10149360J20
3007000.00
CITY HALL
REMODEL
400-41900-39200
1007000.00
GENERAL
FUND
G 10149360J20
(100,000000)
ASPHALT FUND
305-4310M9200
507000200
GENERAL
FUND
101-49360-720
(50,000200)
ASPHALT FUND
3054310M9200
16,549.00
SHANNON
LANE FUND
42449360-720
(167549800)
TOTAL
0.00
VOTING AYE
® Thomas, Ron
®
Anderson, Tom
® Bottema, Jon
® Dejewski, Brian
® Schultz, Alan
VOTING NAY
❑ Thomas, Ron
❑ Anderson, Tom
❑ Bottema, Jon
❑ Dejewski, Brian
❑ Schultz, Alan
Whereupon, said Resolution is hereby declared adopted on this 23rd day of April 2020.
Ron Thomas -Mayor
ATTEST:
City Seal
Jessica Beise —Administrative Services Director
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