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Councilmember Strommen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #06-01-014 <br /> <br />RESOLUTION ADOPTING THE 2006 CITY OF RAMSEY ECONOMIC <br />DEVELOPMENT FUND BUDGET <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 />2006 is hereby adopted for the Economic Development Fund as follows: <br /> <br />ECONOMIC DEVELOPMENT FUND <br /> <br />Revenues: <br /> Taxes (EDA Levy) <br /> Interest Earnings <br />Total Revenues <br /> <br />$341,624 <br />$ 3,OOO <br />$344.624 <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 />18,260 <br />9,000 <br />58,200 <br />256,164 <br /> <br /> 0 <br />$341.624 <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Jeffrey, and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor Gamec <br />Councilmember Strommen <br />Councilmember Jeffrey <br />Councilmember Cook <br />Councilmember Elvig <br />Councilmember Olson <br />Councilmember Pearson <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />and the following abstained: <br /> <br />None <br /> <br /> <br />