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2019-56CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: November 12, 2019 RESOLUTION NO: 2019-56 MOTION BY: Campion SECONDED BY: Coleman RESOLUTION AUTHORIZING 2019 FUND TRANSFER FROM 2018 GENERAL FUND SURPLUS WHEREAS, the city's auditors have completed the 2018 Financial Audit. Staff has identified the General Fund Surplus as of December 31, 2018 to be $846,459 and recommends the transfer of the remaining $350,000 of General Fund Surplus to the Park Equipment Replacement Fund NOW, THEREFORE, BE IT RESOLVED by the City Council of Chanhassen, Minnesota, as follows: 1. Authorization: The City Council hereby authorizes the Finance Director to transfer the following amounts as shown: From Fund To Fund Amount 101 General Fund 401 $350,000.00 Passed and adopted by the Chanhassen City Council this 12th day of November, 2019. AT7n. i—a- Toad Gerhardt, City Manager YES Ryan Campion Coleman McDonald Tj ornhom None �t Elise Ryan, Mayor ABSENT None