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90-73 - 12-11 Adopt 1991 Budget of the Motor Vehicle FundResolution 90-73 December 11, 1990 Member Johnson introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 1991 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 1991 shall be as follows: MOTOR VEHICLE FUND Program Number Description Amount 799 Motor Vehicle Licensing $ 246,935 Total 1991 Budget $ 246,935 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: Description Amount Registration Fees $ 230,000 Interest Earnings 15,000 Retained Earnings 1,935 Total 1991 Budget $ 246,935 a yE. erson, Mayor ATTEST: ,&j, �-_ a"e Shirley J0 Nellon, City Clerk 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, Johnson, Stockman and Thompson; the following was absent: Bakken; and the following voted against the same: none, whereupon said resolu- tion was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.