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4.7. SR 06-16-2014
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4.7. SR 06-16-2014
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6/11/2014 2:31:25 PM
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Resolution 14 - <br /> A Resolution of the City of Elk River 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, <br /> 2008, and,revised on November 19, 2012, 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$282,519 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 City Council of the City of Elk River <br /> makes the following transfer of funds from the Municipal Liquor Fund: <br /> Park Improvement Fund $282,519 <br /> Passed and adopted this 16 h day of June 2014. <br /> John J. Dietz,Mayor <br /> ATTEST: <br /> Tina Allard, City Clerk <br /> r n w E R E U ® T <br /> NnATUREI <br />
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