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98-106 - 12-15 Adopt 1999 Budget Water and Sewer Utility FundResolution 98-106 December 15, 1998 Member introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 1999 BUDGET OF THE WATER AND SEWER UTILITY FUND BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the appropriations for the Water and Sewer Utility Fund Programs for the calendar year 1999 shall be as follows: PROGRAM NUMBER DESCRIPTION AMOUNT 0750 Administration and Overhead $541,310 0751 Sewer Maintenance 1,697,690 0753 Water Maintenance 1,399,910 TOTAL 1999 BUDGET $3,638,910 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: DESCRIPTION AMOUNT Water Charges $1,650,000 Sewer Charges 1,975,000 Meter Sales 20,000 Penalties 60,000 Interest Earnings 0 State Water Testing Fee Pass Through 35,000 Other 30,000 TOTAL 1999 BUDGET $3,770,000 Mary E. Anderson, Mayor ATTEST: Shirley J. Nelson, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member and upon a vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.