07-32RESOLUTION NO. 2007-32
CITY OF OTSEGO
COUNTY OF WRIGHT, MINNESOTA
A RESOLUTION APPROVING THE PERMANENT INTERFUND
ACCOUNTING TRANSFER
WHEREAS, the following accounting transfers have been made on December 31,
2006 to properly reflect the financing of various projects and related activities of
the City, and
WHEREAS, the accounting transfers require the approval of the City Council by a
resolution and to properly document this financing and approval,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF OTSEGO,
MINNESOTA THAT THE FOLLOWING ACCOUNTING TRANSFERS BE APPROVED:
1. $244,941 is hereby transferred from the 2006 SE Capital Improvements Fund
to reimburse the Highway 101 Capital Projects Fund to reimburse for the
2004 land acquisition costs.
Motion for adoption of the resolution by cm yern Heidner seconded by
r.M lace; na I;r-n=ka= at the City Council meeting of June 11, 2007.
Abstained: CM Tom Darkenwald
ATTEST:
r�% I RE.".
&e�- Clerk
CITY OF OTSEGO
LF
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trnkr, mayor