HomeMy WebLinkAbout02-190 CITY OF LAKEVILLE
RESOLUTION
Date Se tember 16 2002 Resolution 02-190
Motion By Luick Seconded By Mulvihill
RESOLUTION ADOPTING THE PRELIMINARY 2003
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,.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
APPROVED AND ADOPTED by the City. Council of the City of Lakeville, Minnesota,
this 16th day of September, 2002.
CITY.OF L EVILLE
BY: / ~J
Robert D. J son, Mayor
T S
f
Charlene Friedges, City C k