89-072 - 12-05 Adopt 1990 Budget of the Motor Vehicle FundResolution 89-72
December 5, 1989
Member Stockman introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 1990 BUDGET OF THE MOTOR VEHICLE FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota,
that the appropriations for the Motor Vehicle Fund for the calendar year 1990
shall be as follows:
MOTOR VEHICLE FUND
Program
Number Description Amount
799 Motor Vehicle Licensing $ 256,075
Total 1990 Budget $ 256,075
BE IT FURTHER RESOLVED by the City Council that the sources of financing
the sums appropriated shall be:
ATTEST:
I
Description Amount
Registration Fees $ 225,000
Interest Earnings 12,500
Retained Earnings 18,575
Total 1990 Budget $ 256,075
Mary E. Mderson, Mayor
ud Na y Deputy i Clerk
I
The motion for the adoption of the foregoing resolution was seconded by Member
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 Mayor and her signature attested by the Deputy
City Clerk.