84-103 - 10-02 - Adopting Utility Fund BudgetResolution 84-103
October 2, 1984
Member Bakken introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUNTY, MINNESOTA
ADOPTING THE 1985 UTILITY FUND BUDGET
WHEREAS, pursuant to the provisions of Minnesota Statutes 412.701 and
412.711, the City Manager has prepared the estimates for the annual budget of
the Utility Fund for the year 1985 and has presented such estimates to the
Council for their consideration; and
WHEREAS, the City Council has reviewed such estimates and made certain
revisions thereto;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Hennepin County, Minnesota, that the appropriations for the Utility Fund
Programs for the calendar year 1985 be as follows:
UTILITY FUND
Program No. Description Amount
750 Administration and Overhead $ 426,270
751 Sewer Maintenance 125,413
752 Sewage Disposal 840,000
753 Water Maintenance 279,469
754 Water Supply 620,000
757 TV Sewer Maintenance 44,331
Total 1985 Budget $2,335,483
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Hennepin County, Minnesota, that the sources of financing the sums appropriated
shall be:
Description Amount
Water Charges
$1,010,000
Sewer Charges
1,120,000
Meter Sales
10,000
Penalties
15,000
Interest Earnings
200,000
Other
16,200
Total 1985 Budget $2,371,200
Resolution 84-103 - Continued
ATTEST:
J dy, lly, Depul& City Clerk
October 2, 1984
Mary E. nderson, Mayor
The motion for the adoption of the foregoing resolution was seconded by Member
Stockman and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson, and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Mayor and her signature attested by the Deputy
City Clerk.