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HomeMy WebLinkAbout99-214 CITY OF LAKEVILLE RESOLUTION • Date September 14, 1999 Resolution 99-214 Motion By Mulvihill Seconded By Luick RESOLUTION ADOPTING THE PRELIMINARY 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 14th day of September, 1999. CITY OF KEVILLE BY: Duane Zaun, Mayo A EST: Charlene Friedges, City erk