RES 1970-166 - 00009845RESOLUTION NO. 166 -1970
A RESOLUTION MAKING A TRANSFER FROM THE PUBLIC UTILITY FUND TO W -75 WATERWORKS
IMRPOVEMENT BOND FUND, IMPROVEMENT BONDS OF 1960 FUND, IMPROVEMENT BONDS OF
1963 FUND, IMPROVEMENT BONDS OF 1967 FUND, AND REFUNDING BOND FUND
WHEREAS, tax levies have been adopted or transfers into Bond Funds are
necessary to provide the required amount of money in certain Improvement
Bond Funds,
NOW, THEREOFRE, BE IT RESOLVED, by the City Council of the City of
Fridley, meeting at a regular session on the 17th day of August, 1970, as
follows:
1. That a transfer from the Public Utility Operating Fund to the
Waterworks Improvement Bond Fund W -75 in the amount of $50,207.00 is
authorized for the purpose of eliminating the tax levy for the year 1970,
collectible in the year 1971.
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5. That a transfer from the Public Utility Operating Fund to the
Refunding Bond Fund in the amount of $37,063.00 for the purpose of
reducing the tax levy for the year 1970 collectible in the year 1971
be authorized.
6. That the transfer of the 1970 collections from the Service Connections
to the Refunding Bond Fund for the purpose of reducing the tax levy for the
year 1970 is authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 17TH DAY OF
AUGUST, 1970.
MAYOR - JACK O. KIRKHAM
ATTEST:
CITY CLERK - MARVIN C. BRUNSELL
2. That
a transfer from the
Public
Utility Operating Fund to the
Improvement
Bonds of 1960 Fund
in the
amount of $420.00 is authorized
for the purpose of eliminating
the tax levy for the year 1970, collectible
in the year
1971.
'
3. That
a transfer from the
Public
Utility Operating Fund to the
Improvement
Bonds of 1963 Fund
in the
amount of $19,638.00 is authorized
for the purpose
of eliminating
the tax levy for the year 1970, collectible
in the year
1971.
4. That
a transfer from the
Public
Utility Operating Fund to Bonds
of 1967 in
the amount of $719.00 is authorized
for the purpose of
eliminating
the tax levy for the
year
1970.
5. That a transfer from the Public Utility Operating Fund to the
Refunding Bond Fund in the amount of $37,063.00 for the purpose of
reducing the tax levy for the year 1970 collectible in the year 1971
be authorized.
6. That the transfer of the 1970 collections from the Service Connections
to the Refunding Bond Fund for the purpose of reducing the tax levy for the
year 1970 is authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 17TH DAY OF
AUGUST, 1970.
MAYOR - JACK O. KIRKHAM
ATTEST:
CITY CLERK - MARVIN C. BRUNSELL