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HomeMy WebLinkAbout99-319 CITY OF LAKEVILLE RESOLUTION .Date December 20, 1999 .Resolution 99-3 L9 Motion By Sindt Seconded By Mulvihill RESOLUTION ADOPTING THE 2000 ECONOMIC DEVELOPMENT REVOLVING LOAN FUND BUDGET BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following Economic Development Revolving Loan Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 2000. 2000 Revenues Principal on ERF loan $ 11,954 Interest on ERF loan 4,699 Interest on Investments 5,155 Total Revenues 21,808 Expenditures Other Charges and Services - Total Expenditures - Net Increase/(Decrease) 21,808 Fund Balance, January 1 77,590 Fund Balance, December 31 $ 99,398 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 20th day of December, 1999. CITY OF KEVILLE BY: Duane Zaun, May A~ Charlene Friedges, City ;I rk s