HomeMy WebLinkAboutResolution - 90-145 - Approving Transfer of Funds - 05/15/1990 •
RESOLUTION NO. 90-145
CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
A RESOLUTION RELATING TO THE TRANSFER OF FUNDS
BE IT RESOLVED by the City Council of the City of Eden Prairie
that $675,000 of the funds in the Utility Operating Fund are -
temporarily in excess of funds needed for operating or construction
needs and are hereby transferred to the Park Acquisition Fund. These
funds are to be repaid from Cash Park Fees or other sources as the
Council may determine over a period of five years together with
interest at a rate of 9% per year.
ADOPTED by the Eden Prairie City Council this 15th day of May
1990.
A ay Gary. Pe erson
SEAL
Joh ne,. City Clerk