Laserfiche WebLink
City of <br /> Elk <br /> River <br /> Resolution 16- <br /> A Resolution of the City of Elk River Removing Commitment of General <br /> Fund Balance for OPEB Obligation <br /> WHEREAS, the City Council adopted a resolution on November 15, 2010, formalizing <br /> the commitment of the General Fund balance for the city's other postemployment benefit <br /> (OPEB) obligation as determined each year by the annual audit; and <br /> WHEREAS, commitments of fund balance may be changed or lifted only by the same <br /> formal action that imposed the constraint originally; and <br /> WHEREAS, the city desires to lift the $376,943 commitment of the General Fund balance <br /> for OPEB obligation; and <br /> WHEREAS, the city desires there be no amounts of General Fund balance committed for <br /> any purpose. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br /> River,Minnesota, as follows: That any and all commitments of General Fund balance be <br /> removed effective immediately upon adoption of this resolution. <br /> Passed and adopted this 191h day of December 2016. <br /> John J. Dietz,Mayor <br /> ATTEST: <br /> Tina Allard, City NATUREJ <br />