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03-62 - 12-16 - Adopt 2004 Budget Motor Vehicle Licensing Resolution 03-62 December 16, 2003 Member Johnson introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2004 BUDGET OF THE MOTOR VEHICLE LICENSING FUND BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the appropriations for the Motor Vehicle Licensing Fund for the calendar year 2004 shall be as follows: PROGRAM NUMBER DESCRIPTION AMOUNT 7201 Motor Vehicle Licensing $483,870 TOTAL 2004 BUDGET $483.870 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: DESCRIPTION AMOUNT Registration Fees $467,250 Interest Earnings 6,000 Retained Earnings 10,620 TOTAL 2004 BUDGET $483.870 �e YD-W�' Linda R. Loomis, Mayor ATTEST: Donald G. Taylor, Ci rk The motion for the adoption of the foregoing resolution was seconded by Member Grayson upon a vote being taken thereon, the following voted in favor thereof: Grayson, Johnson, LeSuer, Loomis and Tremere; 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 City Clerk.