HomeMy WebLinkAbout97-207 CITY OF LAKEVILLE
RESOLUTION
Date .September 9, 1997 Resolution 97-207
Motion By Mulvihill Seconded By Holberg
RESOLUTION ADOPTING THE PRELIMINARY 1998
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 end
December 31, 1998.
1998
Revenues
Principal on ERF loan $ 10,605
Interest on ERF loan 6,048
Interest on Investments 2,721
Total Revenues 19,374
Expenditures
Other Charges and Services -
Total Expenditures -
S Net Increase/(Decrease) 19,374
Fund Balance, January 1 36,599
Fund Balance, December 31 $ 55,973
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 9th day of September, 1997.
CITY OF KEVILLE
BY:
Duane Zaun, Mayor
~
Charlene Friedges, City ~I rk