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RESOLUTION 97- 130 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION APPROVING THE 1998 MUNICIPAL <br /> GENERAL FUND BUDGET <br /> <br />WHEREAS, <br /> <br />the City Council annually reviews and adopts a municipal <br />budget which balances proposed expenditures with <br />anticipated revenues; and, <br /> <br />WHEREAS, <br /> <br />on September 8, 1997, the City Council adopted Resolution <br />97-94 which estabhshed the proposed maximum levy and <br />general fund budget for 1998; and, <br /> <br />WHEREAS, <br /> <br />on December 1, 1997, the City Council, in compliance with <br />state law, held a public hearing on the proposed 1998 levy <br />and proposed 1998 budget; and, <br /> <br />WHEREAS, <br /> <br />after due review and consideration, the City Council is now <br />prepared to adopt its 1998 general fund municipal budget. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Elk River, Minnesota, that it does hereby approve and adopt its 1998 <br />municipal general fund budget in the amount of $4,905,250. <br /> <br />Passed and adopted by the City Council of the City of Elk River, Minnesota, <br />this 15th day of December 1997. <br /> <br />/'~i~nry A. Duitsman, Mayor <br /> <br />ATTEST: <br /> <br />Sandra A. Thackeray, C/~ty Clerk <br /> <br /> <br />