Resolution 13-01 Amending 2001 Budget

WHEREAS, the City of Mountain Iron adopted is 2001 General Fund Budget on December 18, 2000; and,

WHEREAS, the City of Mountain Iron has agreed to become the Fiscal Agent for the Quad Cities Economic Development Authority; and,

WHEREAS, the City of Mountain Iron must amend its 2001 General Fund Budget to include the Quad Cities Economic Development Authority.

NOW, THEREFORE BE IT RESOLVED by the City Council of Mountain Iron, Minnesota, that the 2001 City of Mountain Iron General Fund Budget be amended to read as follows:

INSURANCE CLAIMS AND REIMBURSEMENT

Refunds and Reimbursements � Misc $141,300

TOTAL INSURANCE CLAIMS AND REIMBURSEMENTS $166,300

QUAD CITIES ECONOMIC DEVELOPMENT AUTHORITY

QCEDA – Salaries and Wages $32,100.00

QCEDA – Contribution for Pensions: 4,200.00

TOTAL QUAD CITIES ECONOMIC DEVELOPMENT AUTHORITY $36,300.00

DULY ADOPTED BY THE CITY COUNCIL THIS 4TH DAY OF JUNE, 2001.