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Councilmember Hendriksen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION//02-02-046 <br /> <br />RESOLUTION AMENDING THE 2001 ECONOMIC DEVELOPMENT AUTHORITY <br />OPERATING BUDGET <br /> <br /> WHEREAS, during the year 2001, the Ramsey City Council acted on matters impacting <br />revenue and expenditures budget of the Economic Development Authority for items that were <br />not included in the original budget for the year ended December 31, 2001; and <br /> <br /> WHEREAS, for financial reporting purposes, amendments to the Economic <br />Development Authority budget is to be made in the form of a Budget Amendment Resolution; <br />and <br /> <br /> WHEREAS, the following budget amendments are required to confirm Council's actions <br />taken by motion and/or discussion and to reflect actual activity for the year ended December 31, <br />2001: <br /> <br />To amend revenue activities based on budget amendments made by Council action during <br />2001 and actual moneys received over (under) budget from $10,500 to $385,500 for a <br />total net increase of $375,000: <br /> <br />Sale of Property <br />Net Increase Budgeted Revenues <br /> <br />$ 375,000 <br />$ 375.00O <br /> <br />To amend expenditure activities based on wage contract settlements, budget amendments <br />made by Council acting during 2001 and actual moneys spent over (under) budget from <br />$59,116 to $336,821 for a net increase of $277,705: <br /> <br />Personal Service <br />Supplies <br />Other Services and Charges <br />Capital Outlay <br />Transfers to Other Funds <br />Net Decrease Budgeted Revenues <br /> <br />$ (1,352) <br />(2,844) <br />32,217 <br />249,705 <br />(21) <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 City Council hereby directs the finance Officer to enter these budget <br /> amendments into the City's financial records. <br /> <br /> <br />