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City of Elk River <br />ver City Council <br />Resolution 18- 36 <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 <br />June 2, 2008, and revised on November 19, 2012. <br />WHEREAS, The City Council has reviewed the request and determined it to be a sound <br />financial practice. <br />WHEREAS, It has been determined that $197,174 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 $197,174 from the Municipal Liquor fund to <br />the Park Improvement fund. <br />Passed and adopted this 18th day of June 2018 <br />*DiehM or <br />ATTEST: <br />Tina Allard, City Clerk <br />e�,,oAI f R I IpI T <br />1 ATUR <br />