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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Councilmember <br /> <br />introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #95-12- <br /> <br />RESOLUTION :.ADOPTING THE 1996 CITY OF RAMSEY ECONOMIC <br />DEVELOPMENTiAUTHORITY FUND BUDGET <br /> <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br /> <br />1) That the aniaual budget of the City of Ramsey for the fiscal year beginning January 1, <br /> 1996 is hereby adopted for the Economic Development Authority Fund as follows: <br /> <br /> ECONOMIC DEVELOPMENT AUTHORITY FUND <br /> Revenues: <br /> Interest Earnings $ 13,500 <br /> ' Other Financing Sources 105.964 <br /> Total Revenues $119.464 <br /> <br /> Operating and Capital Expenditures: <br /> Personal Services $ 40,516 <br /> Supplies 2,350 <br /> Services and Charges 125,160 <br /> ' Capital Outlay 850 <br /> '~ Other Financing Uses- <br /> Transfer to Equipment Replacement Fund 1.600 <br /> Total! Operating and Capital Expenditures $170,476 <br /> <br />That the motion ifor the adoption of the foregoing resolution was duly seconded by <br />Councilmember · and upon vote being taken thereon, the following voted in favor: <br /> <br />and the following v~ted against the same: <br /> <br />and the following abstained: <br /> <br />and the following Were absent: <br /> <br /> <br />