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<br /> <br /> <br />City of Elk River <br /> <br />City Council <br /> <br />Resolution 20-____ <br /> <br />A Resolution of the City Council of the City of Elk River Authorizing a <br />Transfer from the Municipal Liquor Fund to the Park Improvement Fund <br /> <br />WHEREAS, The City Council approved establishing the Park Improvement Fund on June <br />2, 2008, and revised on November 19, 2012. <br /> <br />WHEREAS, The City Council has reviewed the request and determined it to be a sound <br />financial practice. <br /> <br />WHEREAS, It has been determined that $255,14,855 should be transferred out of the <br />Municipal Liquor fund to provide funding for the Park Improvement fund. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: The transfer of $255,147 from the Municipal Liquor fund to <br />the Park Improvement fund. <br /> <br />Passed and adopted this 15th day of June 2020. <br /> <br /> <br /> <br /> John J. Dietz, Mayor <br /> <br /> <br /> <br />ATTEST: <br /> <br /> <br /> <br />Tina Allard, City Clerk <br /> <br /> <br /> <br />