HomeMy WebLinkAbout01-149 - ADMIN Resolution - City Council - 2001/12/17•
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RESOLUTION NO. 01-149
RESOLUTION AUTHORIZING A TRANSFER FROM THE GENERAL FUND TO THE
PARK IMPROVEMENT FUND, TECHNOLOGY REPLACEMENT FUND AND THE
MUNICIPAL BUILDING FUND
WHEREAS; The City of St. Louis Park established a minimum fund balance policy on
December 19, 1994 and
WHEREAS; It is considered sound financial practice to analyze fund balances on a
continuing basis and
WHEREAS; It has been determined that $500,000 should be transferred out of the
General Fund to provide funding for Park Improvements, Technology Replacements and
Municipal Building functions
NOW, THEREFORE BE IT RESOLVED, by the City of St. Louis Park City Council
That approval is given to transfer funds from the General Fund in the amounts
Park Improvement Fund $200,000
Technology Replacement Fund 200,000
Municipal Building Fund 100,000
Total Transfer $500,000
Approved this 17th day of December, by the City Council of the City of St. Louis Park.
Reviewed for Administration:
ed by the City Council
Attest:
—nomU
Deprii City Clerk
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