088-087 - 10-04 Adopting the 1989 Motor Vehicle Licensing Fund Budget Resolution 88-87 October 4, 1988
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HEPJNEPIN COUNTY, MINNESOTA
ADOPTING THE 1989 P�OTOR VEHICLE LICENSING FUND BUDGET
WHEREAS, pursuant to the provisions of Minnesota Statutes 412.701 and
412.711, the City P�anager has prepared the estimates for the annual budget of
the Motor Vehicle Licensing 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 RESOLVED by the City Council of the City of Golden
Valley, Hennepin County, Minnesota, that the appropriation for the P�lotor Vehicle
Licensing Fund for the calendar year 1989 be as follows:
MOTOR VEHICLE LICENSING FUND
Program No. Description Amount
799 Motor Vehicle Licensing $ 267,865
Total 1989 Budget $ 267,865
-�----
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
Registration Fees $ 215,000
Interest Earnings 8,000
Retained Earnings 44,865
Total 1989 Budget $ 267,865
�'� �� �1��Z�'��
�lary E. derson, Mayor
ATTEST:
J Nal , Deputy C' y Clerk
Resolution 88-87 - Continued October 4, 1988
The rr�tion for the adoption of the foregoing resolution was seconded by Me�ber
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 declared duly
passed and adopted, signed by the hlayor and her signature attested by the Deputy
City Clerk.