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Councilmember Elvig introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #04-01-024 <br /> <br />RESOLUTION ADOPTING THE 2004 <br />DEVELOPMENT FUND BUDGET <br /> <br />CITY 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 />2004 is hereby adopted for the Economic Development Fund as follows: <br /> <br />ECONOMIC DEVELOPMENT FUND <br /> <br />Revenues: <br /> Taxes (HRA Levy) $136,495 <br /> Interest Earnings $ 3,000 <br />Total Revenues $139:495 <br /> <br />Operating and Capital Expenditures: <br /> Personal Services <br /> Supplies <br /> Services and Charges <br /> Capital Outlay <br /> Other Financing Uses- <br /> Operating Transfers <br />Total Operating and Capital Expenditures <br /> <br />21,658 <br /> 9,000 <br />86,100 <br />19,079 <br /> <br /> 658 <br />$13C495 <br /> <br />That the motion for the adoption of the foregoing resolution was duly seconded by <br />Councilmember Pearson, and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor Gamec <br />Councilmember Elvig <br />Councihnember Pearson <br />Councihnember Strommen <br />Councilmember Zimmerman <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />and the following abstained: <br /> <br />None <br /> <br /> <br />