RES 14-28 Chr of
Elk r- Resolution ➢4 e 28
liver
A Resolution of the City of Elk River Authorizing a Transfer From the Municipal
Liquor Fund to the Park Omprovement Fund
WHEREAS, The City Council approved establishing the Park Improvement Fund on June 2,
2008, and,revised on November 19,2012, and,
WHEREAS, The City Council has reviewed the request and determined it to be a sound financial
practice; and,
WHEREAS, It has been determined that$282,519 should be transferred out of the Municipal
Liquor Fund to provide funding for the Park Improvement Fund;
MOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk River
makes the following transfer of funds from the Municipal Liquor Fund:
Park Improvement Fund $282,519
Passed and adopted this 16th day of June 2014,
Jo J. etz,N&ydr
ATTEST:
Tina Allard, City Clerk
P 0 N E R E I I Y
INATUREI