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Councilmember Kurak introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #03-01-032 <br /> <br />RESOLUTION ADOPTING THE 2003 <br />DEVELOPMENT FUND BUDGET <br /> <br />CITY OF RAMSEY ECONOMIC <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) <br /> <br />That the annual budget of the City of Ramsey for the fiscal year begi~ming January 1, <br />2002 is hereby adopted for the Economic Development Fund as follows: <br /> <br />ECONOMIC DEVELOPMENT FUND <br /> <br />Revenues: <br /> Miscellaneous Revenues $ 0 <br /> Interest Earnings $ 5,000 <br />Total Revenues $ 5,000 <br /> <br />Operating and Capital Expenditures: <br /> Personal Services <br /> Supplies <br /> Services and Charges <br /> Other Financing Uses- <br /> Operating Transfers <br />Total Operating and Capital Expenditures <br /> <br />15,985 <br /> 8,800 <br />83,500 <br /> <br /> 658 <br />$108,943 <br /> <br />That tile motion for the adoption of the foregoing resolution was duly seconded by <br />Councilmember Zimmerman, and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor Gamec <br />Councilmember Kurak <br />Councilmember Zimmerman <br />Councilmember Elvig <br />Councilmember Pearson <br />Councilmember Zimmennan <br /> <br />and the following voted against the same: <br /> <br />Nolle <br /> <br />and the following abstained: <br /> <br />Nolle <br /> <br /> <br />