HomeMy WebLinkAbout86-038 CITY OF LAKEVILLE
RESOLUTION
Date April 21, 1986 Resolution No. 86-38
Motion by Sindt Seconded by Enright
RESOLUTION AUTHORIZING A TEMPORARY
TRANSFER OF FUNDS FROM THE UTILITY FUND
TO THE CAPITAL IMPROVEMENTS FUND
BE IT HEREBY RESOLVED by the City Council of the City of Lakeville,
Minnesota:
1. A transfer of $60,000 is hereby authorized from the Utility Fund to
the Capital Improvements Fund.
2. The Capital Improvements Fund is to transfer the following amounts
to the Utility Fund as shown:
• Principal Interest Total
December 30, 1986 0 $4,000 $ 4,000
1987 $6,000 6,000 12,000
1988 6,000 5,400 11,400
1989 6,000 4,800 10,800
1990 6,000 4,200 .10,200
1991 6,000 3,600 9,600
1992 6,000 3,000 9,000
1993 6,000 2,400 8,400
1994 6,000 1,800 7,800
1995 6,000 1,200 7,200
1996 6,000 600 6,600
APPROVED AND ADOPTED this 21st day of April, 1986.
CITY OF LAKEVILLE
BY•
D ane Zaun yor
ATTEST:
1.n
c.~
;a r
Patrick E. McGarvey, City Clerk~~"