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City of <br />Elk -�-� <br />RiVer <br />City of Elk River <br />City Council <br />Resolution 23- <br />A Resolution of the City Council of the City of Elk River Authorizing a Transfer from <br />the Municipal Liquor Fund to the Park Improvement Fund <br />WHEREAS, the CityT Council approved the establishing of the Park Improvement Funding Policy on <br />June 2, 2008, and revised the policy on June 21, 2021. <br />WHEREAS, the CittT Council has reviewed the request and determined it to be a sound financial <br />practice. <br />WHEREAS, it has been determined that $250,000 should be transferred from the Municipal Liquor <br />Fund to the Park Improvement Fund. <br />NOW, THEREFORE, BE IT RESOLVED byT the CityT Council of the City= of Elk River, <br />Minnesota, as follows: The transfer of $250,000 from the Liquor Fund to the Park Improvement fund. <br />Passed and adopted this 20�� day of June 2023. <br />John J. Dietz, MayoY <br />ATTEST: <br />Tina Allard, CityT Clerk <br />FowEREO �r <br />���V�� <br />