2005-70
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
e
DATE:
AUl!llst 22. 2005
RESOLUTION NO: 2005-70
MOTION BY:
Lundquist
SECONDED BY: Tiomhom
RESOLUTION APPROVING 2005 FUND TRANSFERS AND
AUTHORIZING THE CLOSING OF RELATED TIF FUNDS
WHEREAS, the City Council of the City of Chanhassen, Minnesota, has determined that a
transfer needs to be made in 2005 to eliminate the deficits and close the TIP funds listed below;
WHEREAS, the Finance Director has listed those funds and amounts that need to be transferred;
WHEREAS, this resolution transfers funds to eliminate the fund deficits and close the funds;
WHEREAS, this resolution authorizes the closing of the following funds:
. Downtown Till #1 (Fund 460)
. McGlynn Till #2-1 (Fund 468)
. National Weather Service Till #2-2 (Fund 492)
. Hennepin County Till #3 (Fund 490)
. Eden Trace Till #7 (Fund 497)
. NOW, THEREFORE, BE IT RESOLVED by the City Council of Chanhassen, Minnesota, as
follows:
1. Authorization: Findings. The City Council hereby authorizes the Finance Director to make the
following transfer of funds:
Transfer from:
800 Historic Preservation Trust Fund
800 Historic Preservation Trust Fund
Transfer to:
460
468
Amount
$677 ,986.46
$3,240.24
Passed and adopted by the Chanhassen City Council this 22nd day of August, 2005.
M
Thomas A. Furlong, Mayor
YES
NO
ABSENT
e
Furlong
Labatt
Lundquist
Peterson
Tjomhom
None
None