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<br />J-7';J e <br /> <br />> <br />g <br /> <br />Councilnanbe r <br />its adoption; <br /> <br />introduced the following resolution and moved for <br /> <br />RESCLUI'ION i8 XX <br />RESOLurION AMENDIK; mE 1987 BUIX;ET <br /> <br />WHEREAS, the Ramsey City Council adopted the 1987 Budget by <br />Resolution #86-189 on the 25th of November, 1986; and <br /> <br />l\1HERFAS, the 1987 Budget has been amended by City Council Resolution <br />#87-53, #87-91, #87-238, #87-244, #87-254, #87-xxx, #87-xxx, and # 87 -xxx; and <br /> <br />WHEREAS, additional operating transfers not established in the budget <br />need to be made between funds; and <br /> <br />WHEREAS, to affect these transfers, the budget needs to be amended as <br /> <br />fol1<Ms: <br /> <br />Transfers <br /> <br />OPERAT~ TRANSFERS: <br />421: 1987 Improvement Fund <br />other Financing sources <br />Transfers in - <br />804: EscrCM Fund #77 (Storm Sewer) a) $19,998.69 <br /> <br />425: Park Improvement Capital Project Fund <br />other Financing sources <br />Transfers in - <br />805: Park Trust Fund b) 76,200.00 <br /> <br />804: EscrCM Fund <br />Other Financing (uses) <br />Transfers out - <br />421: 1987 Improvement Fund <br /> <br />a) 19,998.69 <br /> <br />805: Park Trust Fund <br />Other Financing (uses) <br />Transfers out - <br />425: Park Improvement <br />Capital Project Fund <br /> <br />b) 76,200.00 <br />$ -0- <br /> <br />Amendment Explanations: <br /> <br />a} Increase appropriation to transfer fram EscrCM Fund, Escrow #77 to <br />the 1987 Improvement Fund. The transfer is for developer's share of storm <br />sewer work in theStanhope-Riverhills plat. <br /> <br />b} Increase appropriation to transfer fram Park Trust Fund, to the Park <br />Improvement Capital Project Fund. The transfer is to fund approved <br />eA~nditures for park development within the City. <br /> <br />Resolution #8 - <br />