088-085 - 10-04 Adopting the 1989 Utility Fund Budget Resolution 88-85 October 4, 1988
Member Johnson introduced the following resolution and moved its adoption:
�ESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUNTY, MINNESOTA
ADOPTING THE 1989 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 1989 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 RESOLUED 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 1989 be as follows:
UTILITY FUND
Program No. Desc ription Amount
750 Administration and Overhead $ 433,975
751 Sewer h1aintenance 152,400
752 Sewage Disposal 1,020,000
753 Water �1aintenance 289,345
754 Water Supply 685,000
757 TV Sewer Maintenance 10,160
Total 1989 Budget $2,590,880
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Hennepin County, Flinnesota, that the sources of financing the sums appropriated
shall be:
Description Amount
Water Charges $1,170,000
Sewer Charges 1,160,000
Pleter Sal es 5,000
Penalties 32,000
Interest Earnings 200,000
Other 28,000
Total 1989 Budget $2,595,000
Resolution 88-85 - Continued October 4, 1988
� ��
�f��U�
ary E. derson, Mayor
4
ATTEST:
� �
u y Nal , Deputy Ci Clerk
e motion for the adoption of the foregoing resolutivn was seconded by P�lember
Thompson 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 decla red duly
passed and adopted, signed by the P9ayor and her signature attested by the Deputy
City Clerk.