99-8826r
83
RESOLUTION NO. 8826
RESOLUTION AUTHORIZING ADJUSTMENT OF
1999 REVISED GENERAL FUND BUDGET
WHEREAS, the year-end 1999 General Fund Budget year will likely end with
unspent budget authorizations and revenues in excess of budget estimates; and
WHEREAS, the City has incurred significant expenditures related to airport
mitigation in 1999 and funding is needed for these expenditures.
NOW, THEREFORE, BE IT RESOLVED that the City Manager is authorized to
take actions necessary to make adjustments to the 1999 Revised General Fund Budget
by utilizing up to $850,000 of unspent year-end funds for airport expenditures.
BE IT FURTHER RESOLVED that expenditures contained in this resolution are
authorized only to the extent that there are year-end unspent funds available.
Adopted by the City Council of the City of Richfield, Minnesota this 13th day of
December, 1999 .
:o/~~4
Martin J. Ki , Mayor
ATTEST:
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Thomas P. Ferber, City Clerk