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90-132 ~ RESOLUTION NO. 132-90 ~ A RESOLUTION AMENDING THE 1990 GENERAL OPERATING, WATER AND SEWER FUNDS AND APPROVING THE TRANSFER OF FUNDS FROM THE BOND DEFEASANCE FUND TO THE GENERAL OPERATING, PARK CAPITAL IMPROVEMENT AND 1974 SEWER IMPROVEMENT BOND DEBT SERVICE FUNDS WHEREAS, the Shorewood City Council has authorized certain expenditures during 1990, as listed on Attachment A, and, WHEREAS, such expenditures were not included within the adopted 1990 General operating, Water, and Sewer Fund Budgets, and, WHEREAS, it has been the practice of the City Council to amend the budgets for such expenditures, and, WHEREAS, the City Council has authorized the use of funds from the Bond Defeasance Fund to finance certain expenditures, as listed on Attachment A, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood that: 1. The 1990 General Operating, Water, and Sewer Fund Budgets are hereby amended in the amounts listed on Attachment A. . 2. Funds be transferred from the Bond Defeasance Fund to the General Operating, Park Capital Improvement, and 1974 Sewer Improvement Bond Debt Service Funds as listed on Attachment A. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 10th day of December, 1990. Attest: Laurence E. Whittaker City Administrator/Clerk Roll Call Vote: Ayes: Watten, Stover, Brancel, Haugen, Gagne Nays: None . ~ . . ." ATTACHMENT A Proposed Amendments to the 1990 General Operating Fund Budget Purpose Milfoil Inspection-Christmas Lake Senior Housing Consultant Council and Planning Commission Recording Secretary Codification of City Code Water Treatment Plant Feasibility Appraisal of City Properties Computer Purchase- Originally in 1989 Budget Computer Contingency Costs, to date Purchase of Pub. Works site Underground Tank Removal Recycling Awards Park General Supplies-Sand, Seed, etc. Park Planner Flooring for Badger Warming House Sewer Assessment-city of Chanhassen Account Amendment Amount 10-5135 10-5135 10-5103 10-5135 10-5601 10-5635 10-5338 10-5533 10-5741 10-5762 60-8062 61-8262 10-5762 10-6160 10-6163 10-6735 10-6926 10-6934 10-6963 61-8252 Total General Operating Fund Amendments Total Water Fund Amendments Total Sewer Fund Amendments Total 1990 Budget Amendments To General Operating Fund Transfers From Bond Defeasance Fund To 1974 Sewer Bond Fund To Park Cap. Impr. Fund - Public Works Site - Underground Tank Removal - Bond relief - Freeman Park Irrigation - Little League Field Irrig. Total Transfers $ 634 5,000 (3,000) 3,000 (1,200) 1,200 2,000 3,780 1,348 9,500 4,000 6,000 2,000 165,000 10,000 500 8,000 12,000 5,000 3,345 224,762 4,000 9,345 238,107 $ 165,000 10,000 65,000 51,000 10,000 301. 000