RES 1973-126 - 00008207200
RESOLUTION NO. 126 1973
A RESOLUTION MAKING A TRANSFER FROM THE PUBLIC UTILITY FUND TO W -75 WATERWORKS
IMPROVEMENT BOND FUND, WATERWORKS BONDS OF 1970 FUND, IMPROVEMENT BONDS OF 1960
FUND, IMPROVEMENT BONDS OF 1963 FUND, IMPROVEMENT BONDS OF 1970 FUND, AND
REFUNDING BONDS 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, THEREFORE, BE IT RESOLVED, By the City Council of the City of
Fridley, meeting at a regular session on the 10th Day of September, 1973,
as follows:
1. That a transfer from the Public Utility Operating Fund to the
Waterworks Improvement Bond Fund W -75 in the amount of $47,294.00
is authorized for the purpose of eliminating the tax levy for the
year 1973, collectible in the year 1974.
2. That a transfer from the Public Utility Operating Fund to the
Waterworks Bond of 1970 Fund in the amount of $64,488.00 is authorized
for the purpose of eliminating the tax levy for the year 1973,
collectible in the year 1974.
3. That a transfer from the Public Utility Operating Fund to the
Improvement Bonds of 1960 Fund in the amount of (NONE) is
authorized for the purpose of eliminating the tax levy for the year
1973, collectible in the year 1974.
4. That a transfer from the Public Utility Operating Fund to the
Improvement Bonds of 1963 Fund in the amount of $13,773.00 is
authorized for the purpose of eliminating the tax levy forcbhe
year 1973, collectible in the year 1974.
5. That a transfer from the Public Utility Operating Fund to the
Refunding Bond Fund in the amount of $12,985.00 for the purpose of
reducing the tax levy for the year 1973, collectible in the year
1974 be authorized. ` '
6. That a transfer from the Public Ufility Opefating`Fund to the
Improvement Bonds of 1970 Fund in the amount of $4,910.00 is
authorized for the purpose of eliminating the tax levy for the
year 1973, collectible in the year 1974.
7" That the transfer of the 1973 collections from the Service Connections
to the Refunding Bond Fund for the purpose of reducing the tax
levy for the year 1973 be authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 10TH
DAY OF SEPTEMBER , 1973,
EST:
Y CLERK ` Marvin C. Brunse 1
MAYOR Fr +k G. Lieb
L