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Councihnember introdUced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #05-01-XXX <br /> <br />RESOLUTION ADOPTING THE ~ 2005 <br />DEVELOPMENT FUND BUDGET <br /> <br />CITY OF <br /> <br />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 />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 Tr .ansfers <br />Total Operating and Capital Expenditures <br /> <br />26,265 <br /> 9,000 <br />58,200 <br />78,882 <br /> <br />$172,347 <br /> <br />That thc motion for the adoption of the foregoing resolution was duly seconded by <br />Councihnmnber, and upon vote being taken :thereon, the following voted in favor: <br /> <br />and the following voted against the same: <br /> <br />and the tbllowing 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 I lt"day of January, 2005. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br /> <br />