RES 17-32City of Elk River
City Council
Resolution 17- 32
A Resolution of the City Council of the City of Elk River Authorizing a
Transfer from the Municipal Liquor Fund to the Park Improvement 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 deterinined it to be a sound
financial practice; and,
WHEREAS, it has been determined that $228,016 should be transferred out of the
Municipal Liquor Fund to provide funding for the Park Improvement Fund;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk
River, Minnesota, as follows: The transfer of $228,016 from the Municipal Liquor Fund to
the Park Improvement Fund.
Passed and adopted this 19`h day of June 2017.
J J. ietz,
A'I"TEST:
---�7 69,
Tina Allard, City Clerk
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