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CITY O.F. LAKEVILLE
RESOLUTION
Date December 4, 1989 Resultion No. 89-168
Motion by ____Harvey Seconded b Nelson
y
RESOLUTION AFPROVING THE 1990 BUILDING FUND BUDGET
BE IT RESOLVED by the City Council of the City of Lakeville
the budget for the fiscal year 1990 be adopted as follows.:
1990 1991
Revenues
.Rental fees - radio tower $11,700
Transfer from Liquor. Fund 75,000 75,000
Liquor store mortgage payments 40,380 40,380
Interest on investments 51,698 51,239
• Total .Revenues _$178,778 _$166,619
Expenditures
City Hall
Land acquisition - Ij35 site $1.63,.500
Police Station space study $12,500
Radio Building loan repayment 13,800 84,500
Total expenditures $177,300 $97,000
Net increase/(decrease) $1,478 $69,619
Fund balance, January 1 148,.856 150,334
Fund balance, December 31 $150,334 $219,953
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APPROVED AND ADOPTED by the City Council of the City of Lakeville,
Minnesota., this 4th day of December, 1989.
CITY F LAKEVILLE
Duane Zaun a or
ATTEST:
Charlene Friedges, C ty Glerk