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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 CARES Grant to the General, Multipurpose Facility, <br />Sewer, and Liquor Funds <br /> <br />WHEREAS, The City of Elk River has received CARES grant funds to cover expenses <br />related to the COVID-19 public health emergency. <br /> <br />WHEREAS, The City Council has reviewed the request and determined it to be a sound <br />financial practice to provide for operational effectiveness. <br /> <br />WHEREAS, It has been determined that $528,471.36 should be transferred out of the <br />CARES Grant fund to provide for reimbursement of COVID-related wage and benefit <br />expenses to the General, Multipurpose Facility, Sewer, and Liquor funds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: The transfer of $528,471.36 from the CARES Grant fund to <br />the following funds: <br /> <br /> General Fund $490,424.77 <br /> Multipurpose Facility Fund $3,061.05 <br /> Sewer Fund $20,780.10 <br /> Liquor Fund $14,205.44 <br /> <br />Passed and adopted this 7th day of December 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 />