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3.7. SR 06-20-2011
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3.7. SR 06-20-2011
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6/17/2011 8:46:40 AM
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RESOLUTION 1 I - <br />A RESOLUTION OF THE CITY OF ELK RIVER <br />A RESOLUTION AUTHORIZING A TRANSFER FROM THE MUNICIPAL <br />LIQUOR FUND TO THE PARK IMPROVEMENT FUND <br />WHEREAS, The City Council approved establishing the park improvement fund on June 2, 2008, <br />and, <br />WHEREAS, The City Council has reviewed the request and determined it to be a sound financial <br />practice; and, <br />WHEREAS, It has been determined that $95,592 should be transferred out of the Municipal <br />Liquor Fund to provide funding for the Park Improvement Fund; <br />NOW, THEREFORE, BE IT RESOLVED that the Ciry Council of the City of Elk River <br />makes the following transfer of funds from the Municipal Liquor Fund: <br />Park Improvement Fund $95,592 <br />Passed and adopted this 20~` day of June 2011. <br />John J. Dietz, Mayor <br />ATTEST: <br />Tina Allard, Ciry Clerk <br />
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