Res 2010- 26 Authorize 2009 Year End TransfersCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 10 -26
A RESOLUTION AUTHORIZING THE 2009 YEAR END TRANSFERS
WHEREAS, the Street Lighting District Fund has incurred greater expenditures
than revenues; and
WHEREAS, the Infrastructure Fund has a sufficient balance to cover the $43,700
deficit in the Street Lighting District Fund; and
WHEREAS, the Street Light District will repay the Infrastructure Fund once it
has a sufficient balance to cover the $43,700 transfer; and
WHEREAS, the 2009 Budget for the City of Mendota Heights contains funding
of $25,500 for Pilot Knob Improvements; and
WHEREAS, the City had greater costs than what was originally budgeted for in
2009 for the Pilot Knob Restoration Project; and
WHEREAS, the City wishes to provide funding for the $41,300 of additional
costs from the General Fund.
NOW THEREFORE BE IT RESOLVED, that the Mendota Heights City
Council authorizes a $43,700 transfer from the Infrastructure Fund to the Street Light
District Fund and a $41,300 transfer from the General Fund to the Pilot Knob
Improvement Fund.
Adopted by the City Council of the City of Mendota Heights this 20th day of April 2010.
ATTEST CITY COUNCIL
CITY OF MENDOTA HEIGHTS
By „ �.---
ICath'jeen M. Swanson, City Clerk