HomeMy Public PortalAbout2019-28 Resolution Authorizing Capital Project Fund TH 55 Intersections Balance Transfer and ClosingMember Pederson introduced the following resolution and moved its adoption:
CITY OF MEDINA
RESOLUTION NO.2019-28
RESOLUTION AUTHORIZING CAPITAL PROJECT FUND
TH 55 INTERSECTIONS BALANCE TRANSFER AND CLOSING
WHEREAS, the City of Medina has closed all projects associated with Fund 407 - TH 55
Intersections; and
WHEREAS, the City of Medina desires to clear any remaining balance with transfer from
the Sewer Capital Improvement Fund;
NOW, THEREFORE, BE IT RESOLVED by the city council of the city of Medina, that the City
of Medina hereby agrees to the following adjustments to the City's Funds by authorizing the
transfer of $16,734.49 from the Sewer Capital Improvement Fund to the TH 55 Intersections Fund.
BE IT HEREBY FURTHER RESOLVED, that this resolution shall authorize the closure of
said fund upon completion of the indicated transaction.
Dated: May 7, 2019.
Kathleen Martin, Mayor
KITE
r /
2G
Jodi M. t allup, City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member Albers and
upon vote being taken thereon, the following voted in favor thereof
Albers, Anderson, DesLauriers, Martin, Pederson
And the following voted against same:
None
Whereupon said resolution was declared duly passed and adopted.
Resolution No. 2019-28
May 7, 2019