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City of Elk River <br />City Council <br />Resolution 17- 32 <br />A Resolution of the City Council of the City of Elk River Authorizing a <br />Transfer from the Municipal Liquor Fund to the Park Improvement Fund <br />WHEREAS, the City Council approved establishing the Park Improvement Fund on June <br />2, 2008, and revised on November 19, 2012, and, <br />WHEREAS, the City Council has reviewed the request and deterinined it to be a sound <br />financial practice; and, <br />WHEREAS, it has been determined that $228,016 should be transferred out of the <br />Municipal Liquor Fund to provide funding for the Park Improvement Fund; <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: The transfer of $228,016 from the Municipal Liquor Fund to <br />the Park Improvement Fund. <br />Passed and adopted this 19`h day of June 2017. <br />J J. ietz, <br />A'I"TEST: <br />---�7 69, <br />Tina Allard, City Clerk <br />P 00lf Alt I <br />r -J, AT U P <br />