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initiated: <br />RESOLUTION #80- <br />RESOLUTION FOR TRANSFER OF FUNDS <br />AREAS, the $18,126 deficit reflects the City's share in the <br />construction of Variolite Street (Construction Project #79 -2); and <br />WHEREAS Council Resolution #80 -73 dated July 22, 1980, which <br />adopted 1980 Mid Year Budget Adjustment the General Fund expendi- <br />ture for the purpose of alleviating this <br />WHEREAS, the Council Resolution #79 -83 dated October 29, 1980 <br />did provide for the following transfers: <br />a) Transfer of $745 from Park Improvement Fund #802 to <br />to Park and Recreation Fund #221. <br />b) Transfer $17,010 from General Fund #101 Equipment <br />Revolving Fund #605. <br />c) Transfer of $2,660 from Bond Administrative to General <br />Fund #101. <br />WHEREAS, the Ramsey Council authorizes the expenditure of <br />$13,300 for a hockey arena and Traprock Horse Arena. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, CITY OF RAMSEY, ANOKA <br />COUNTY, STATE OF MINNESOTA, as follows: <br />1) Hereby direct that $18,126 be transferred from the General <br />Fund #101 to State Aid Construction Fund #304 (Construction Project #79 -2). <br />2) Hereby direct that the following transfers of fund be <br />a) Transfer $745 from General Fund #101 to Park and <br />Recreation Fund #221. <br />b) Transfer 17,010 from General Fund #101 to Equipment <br />Revolving Fund #605. <br />c) Transfer $2,660 from Bond Administration Fund #803 <br />to General Fund #101. <br />3) Hereby direct that $13,30 from Park Improvement Fund #802 <br />to Park and Recreation Fund #221. Further that all money not spent on <br />capital improvement items as indicated above will be transferred back to the <br />Park Improvement Fund #221. <br />