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<br /> <br /> <br />City of Elk River <br /> <br />City Council <br /> <br />Resolution 21-69 <br /> <br />A Resolution of the City Council of the City of Elk River Authorizing a <br />Transfer from the Liquor Fund to the Capital Reserve Fund <br /> <br />WHEREAS, The liquor store profits are utilized to provide additional support for other <br />city services and capital needs. <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 the Liquor fund will provide grant match funding for <br />the purchase of self-contained breathing apparatus equipment for the fire department. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: The transfer of $251,394.46 from the Liquor fund to the <br />Capital Reserve fund. <br /> <br />Passed and adopted this 4th day of October 2021. <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 />