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2007-39 CITY OF CHANHASSEN CARVER AND HENNEPIN CO~TIES, MINNESOTA DA TE: .June 25" 2007 RESOLUTION NO: 2007-39 MOTION BY: Ernst SECONDED BY: Litsev RESOLUTION AUTHORIZING 2006 AND 2007 FUND TRANSFERS WHEREAS, the city's auditors have completed the 2006 financial audit and made recommendations' for fund transfers. NOW, THEREFORE, BE IT RESOLVED by the City Council ofChanhassen, Minnesota, as follows: 1. Authorization: Findings. The City Council hereby authorizes the Finance Director to transfer the following amounts as shown. Transfer from: 400 Capital Replacement Fund (2007) 491 TID #4 Entertainment TIP Fund (2006) 602 2005 MUSA Area Expansion Fund (2006) Transfer to: 357 362 600 Amount $95,677.36 $162,718 .00 $906,960.52 Passed and adopted by the Chanhassen City Council this 25th day of June, 2007. AT1~ Todd Gerhardt, City Manager YES Furlong Ernst Litsey Peterson Tjomhom NO None ABSENT None