HomeMy WebLinkAbout01-256 CITY OF LAKEVILLE
RESOLUTION.
Date December 17, 2001. Resolution O1-256
Motion By Rieb Seconded By Mulvihill
RESOLUTION ADOPTING THE 2002
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, 2002..
2002
..Revenues
Principal on-ERF Loan $ 15,571
Interest on ERF loan 2,662
.Interest on Investments 193
Total Revenues 18,426
Transfers
Transfer to general Fund 15,000
Total Transfers 15,000
Net Increase/(Decrease) 3,426
Fund Balance, January 1 4,816
Fund Balance, December 31 $ 8,242
APPROVED AND.ADOPTED by the City Council of the City of Lakeville, .Minnesota,
this 17th day of December, 2001.
CITY OF KEVILLE
BY:
Robert D. J nson, Mayor..
ES
harlene Friedges, City CI "
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