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Councihnember introdUced tl~e following resolution and moved for its adoption: <br /> <br /> RESOL] <br /> <br />RESOLUTION ADOPTING THE <br />DEVELOPMENT FUND BUDGET <br /> <br />JTION #05-01-XXX <br /> <br /> 2005 CITY OF <br /> <br />RAMSEY <br /> <br />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 beginning January 1, <br />2005 is hereby adopted for the Economic Development Fund as follows: <br /> <br />ECONOMIC DEVELOPMENT FUND <br /> Revenues: <br /> Taxes (HRA Levy) $172,347 <br /> Interest Earnings $ 3,000 <br /> Total Revenues $175,347 <br /> <br />Operating and Capital ExPenditures: <br /> Personal Services <br /> Supplies <br /> Services and Charges <br /> Capital Outlay <br /> Other Financing Uses- <br /> Operating Transfers <br />Total Operating and Capi~! Expenditures <br /> <br />26,265 <br /> 9,000 <br />58,200 <br />78,882 <br /> <br />0 <br /> <br />$172,347 <br /> <br />That the motion for 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 voted against the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared dUly Passed and adopted by the Ramsey City Council <br />this 11th day of January, 2005. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br /> <br />