HomeMy WebLinkAbout03-263 CITY OF LAKEVILLE
RESOLUTION
Date December 1S, .20.03 Resolution 03-263
Motion By Luick Seconded By Reb
RESOLUTION ADOPTING THE 2004
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, 2004.
2004
Revenues
Principal on ERF loan $ 11,987
Interest on ERF loan 1,157
Interest on Investments 499
Total Revenues 13,643
Net Increase!(Decrease) 13,643
Fund Balance, January 1 26,691
Fund Balance, December 31 $ 40,334
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 15th day of December, 2003.
CITY OF LA EVILLE
BY:
Robert D. Joh son, Mayor
ST:
Charlene Friedges, City Cler