08-004 RESRESOLUTION 08 - 04
• A RESOLUTION OF THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING A TRANSFER FROM THE MUNICIPAL
LIQUOR FUND TO THE ICE ARENA SPECIAL REVENUE FUND
WHEREAS, The City Council approved the purchase of a ice resurfaces on January 7,
2008, 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 an amount not to exceed $109,085.16 will be
transferred out of the Municipal Liquor Fund to provide funding for the ice resurfaces;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the Ciry of Elk
River makes the following transfer of funds from the Municipal Liquor Store
Fund:
2008 Ice Arena Special Revenue Fund $109,085.16
• Passed and adopted this 7`h day of January 2008.
~. ~. _
Steph nie Klinzing, Ma
ATTEST:
,.
Tina Allard, Cry Clerk
•
S: \Resolutions\Iceresurfacertransfer.doc