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Councilmember Beahen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #97-12-342 <br /> <br />RESOLUTION ADOPTING THE 1998 CITY <br />DEVELOPMENT AUTHORITY FUND BUDGET <br /> <br />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 beginning January 1, <br />1998 is hereby adopted for the Economic Development Authority Fund as follows: <br /> <br />ECONOMIC DEVELOPMENT AUTHORITY FUND <br /> Revenues: <br /> Interest Earnings <br /> Other Financing Sources <br /> Total Revenues <br /> <br />$ 20,000 <br />105,795 <br /> <br />Operating and Capital Expenditures: <br /> Personal Services <br /> Supplies <br /> Services and Charges <br /> Other Financing Uses- <br /> Transfer to Equipment Replacement Fund <br />Total Operating and Capital Expenditures <br /> <br />$ 67,298 <br /> 7,850 <br /> 47,050 <br /> <br /> 1,000 <br />$123,197. <br /> <br />That the 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 Beahen <br />Councilmember Zimmerman <br />Councilmember Beyer <br />Councilmember Haas Steffen <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />and the following abstained: <br /> <br />None <br /> <br />and the following were absent: <br /> <br />None <br /> <br /> <br />