HomeMy WebLinkAbout02-279 CITY OF LAKEVILLE
-RESOLUTION
r Date December 16, 2002 Resolution 02-279
Motion By Luick Seconded By Mulvihill
RESOLUTION ADOPTING THE 2003
ECONOMIC DEVELOPMENT REVOLVING LOAN FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesof ,that the following
Economic Development Revolving Loan Fund Budget is hereby approved a~d adopted for the fiscal
year ending December 31, 2003.
2003
Revenues
Principal on ERF loan $ 11,290
Interest on ERF loan 1,853
Interest on Investments 545
Total Revenues 13,688
Net Increase/(Decrease) 13,688
Fund Balance, January 1 13,637
Fund Balance, December 31 $ 27,325
APPROVEQ AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 16th day of December, 2002.
CITY OE EVILLE
BY:
Robert D. J son, Mayor
A ES
Charlene Fredges, City le k