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98-139 RESRESOLUTION 98 -13 9 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION APPROVING THE 1999 MUNICIPAL GENERAL FUND BUDGET WHEREAS, WHEREAS, WHEREAS, WHEREAS, the City Council annually reviews and adopts a municipal budget which balances proposed expenditures with anticipated revenues; and, on September 14, 1998, the City Council adopted Resolution 98-102 which established the proposed maximum levy for 1999; and, on December 7, 1998, the City Council, in compliance with state law, held a public hearing on the proposed 1999 levy and proposed 1999 budget; and, after due review and consideration, the City Council is now prepared to adopt its 1999 general fund municipal budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota, that it does hereby approve and adopt its 1999 municipal general fund budget in the amount of $5,363,450. Passed and adopted by the City Council of the City of Elk River, Minnesota, this 21st day of December 1998. //H'enr/A. Duitsman, Mayor ~an~lra A. Peine, City Clerk