06-45RESOLUTION NO. 2006-45
CITY OF OTSEGO
COUNTY OF WRIGHT, MINNESOTA
A RESOLUTION TRANSFERRING MONEY FROM
ONE FUND TO ANOTHER
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF OTSEGO, MINNESOTA
1. The 2005 General Budget Fund budget surplus of
$145,687 is hereby transferred to the Capital
Equipment Fund.
2. $345,000 is hereby transferred from the
Revolving Capital Improvement fund to the
Mississippi Shores Improvement Fund.
3. $69,800 is hereby transferred from the MSA
(Municipal State Aid) fund to the Odean Avenue
Project Fund.
4. $139,873 is hereby transferred from the 88th
Street Improvement Fund to the Revolving Capital
Improvement Fund.
5. $146,816 is hereby transferred from the Park
Dedication Fund to the MacIver Avenue Project Fund.
6. $49,252 is hereby transferred from the Park
Dedication Fund to the Quaday Avenue Project Fund.
7. $902,439 is hereby transferred from the West
Sewer Debt Service Fund to the City Campus Fund.
8. $900,000 is hereby transferred from the Park
Dedication Fund to the City Campus Fund.
9. $938,990 is hereby transferred from the
Revolving Capital Improvement Fund to the City
Campus Fund.
Motion for adoption of the resolution by
CM Vern Heidner , seconded by CM Jessica Stockampat
the Special City Council meeting of June 28, 2006.
CITY OF OTSEGO
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Larj& Fournier,
ATTEST:
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H.�on, City Clerk