HomeMy WebLinkAbout03-169 .CITY OF LAKEVILLE
RESOLUTION
• Date September 15, 2003 Resolution 03-169
Motion By Luick Seconded By Rieb
RESOLUTION ADOPTING THE PRELIMINARY 2004
ECONOMIC DEVELOPMENT REVOLVING LOAN FUND BUDGET
f3E IT RESOLVED, by the City Council of the Ciry 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 26,694
.Fund Balance, December 31 $ .40,334
•
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 15th day of September, 2003.
CITY OF L KEVILLE
BY:
Robert D. J nson, Mayor
A 1
Charlene Friedges, City CI