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RESOLUT�CN 14 - 82 <br />A RESOLUT90?4 OF 7HE CITY OF ELK MVER <br />A RESOLUTION AUTHOMT�fi G A TRANSFER FROM THE SURFACE WATER <br />MANAGEMENT FUND 0 THE STORMWATER UTiL07Y [FUND <br />WHEREAS, The City Council approved establishing the Stormwater Utility Fund on January 1, <br />2015, and, <br />WHEREAS, The City Council has reviewed the request and determined it to be a sound financial <br />practice; and, <br />WHEREAS, It has been determined that any remaining funds at year -end should be transferred <br />out of the Surface Water Management Fund to provide initial funding for the Stormwater Utility <br />Fund; <br />NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk River <br />makes the following transfer of any remaining funds from the Surface Water <br />Management Fund to the Stormwater Utility Fund in 2015: <br />Passed and adopted this 156 day of December 2014. <br />n J. bietz,LD layor <br />dr <br />ATTEST: <br />I_ L 'c <br />Tina Allard, City Clerk <br />O R E R E A 6 1 <br />NAT RE <br />