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RESOLUTION 08 - <br />A RESOLUTION OF THE CITY OF ELK RIVER <br />A RESOLUTION AUTHORIZING A TRANSFER FROM THE MUNICIPAL <br />LIQUOR FUND TO THE ICE ARENA SPECIAL REVENUE FUND <br />WHEREAS, The City Council approved the purchase of a ice resurfacer on January 7, <br />2008, and, <br />WHEREAS, The City Council has reviewed the request and determined it to be a sound <br />financial practice; and, <br />WHEREAS, It has been determined that an amount not to exceed $109,085.16 will be <br />transferred out of the Municipal Liquor Fund to provide funding for the ice resurfacer; <br />NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk <br />River makes the following transfer of funds from the Municipal Liquor Store <br />Fund: <br />2008 Ice Arena Special Revenue Fund $109,085.16 <br />Passed and adopted this 7`'' day of January 2008. <br />Stephanie Klinzing, Mayor <br />ATTEST: <br />Tina Allard, City Clerk <br />S:\Resolutions\2008 Resolutions\Unapproved\Iceresurfacertransfer.doc <br />