RES 1971-140 - 000095560
RESOLUTION NO. 140 1971
A RESOLUTION AUTHORIZING THE TEMPORARY TRANSFER OF FUNDS FROM THE
STATE AID REVOLVING ACCOUNT TO THE NORTH PARK CAPITAL FUND
WHEREAS, The City Council has previously authorized expenditures
for the purchase of land in an area known as North Park, and
WHEREAS, The City has requested State and Federal participation
for the purchase of this property, and
WHEREAS, Federal and State participation has not yet been
received in an amount necessary to off -set the cost incurred to -date,
NOW,THEREFORE, BE IT RESOLVED, That a temporary transfer of
funds from the State Aid Revolving Account to the North Park Capital
Account in the amount of $80,000.00 is hereby authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY
THIS 1ST DAY OF NoyFMBm 1971.
AYOR - JACK 0. KIRKHAM
ATTEST: -
UITY CLERK - MARVIN C. BRUNSELL
JJ
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