RES 08-040RESOLUTION - 040
RESOLUTION OF THE CITY OF ELK RIVER
A RESOLUTION AUTHORIZING A TRANSFER FROM THE MUNICIPAL
LIQUOR FUND TO THE PARK IMPROVEMENT FUND
WHEREAS, The City Council cil a pr•o d establishing the r Improvement Foal on June
2008; and
WH E REAS, The City Council has reviewed the request and dete -r=' d it to be a sound financial
practice; and
WHEREAS, It has been deterred that $107,046 should be transferred out of tfie Nlum*clpal
Liquor Fund to provide funding for the are Improvement Fund-,
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City o'1,: Rifer
makes the o .o -wig transfer of farads from the Nlum'cipal Lq o,r Fund:
'are Imjoexet Fund $107,046
Passed and adopted this 16 day oe 2008.
Steph, me �1 zm' g, NE4,:�?
ATTEST:
.�
L7-
Tina Allard, City Clerk
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