RES 1974-93 - 000079321+7
RESOLUTION NO. 93 -1974
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 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 9th day of September, 1974 as follows:
1. That a transfer from the Public Utility Operating Fund to the
Waterworks Improvement Bond Fund W -75 in the amount of $46,211.00
is authorized for the purpose of eliminating the tax levy for the
year 1974, collectible in the year 1975.
2. That a transfer from the Public Utility Operating Fund iD the
Waterworks Bond of 1970 Fund in the amount of $63,877.00 is authorized
for the purpose of eliminating the tax levy for the year 1974,
collectible in the year 1975.
3. That a transfer from the Public Utility Operating Fund to the
Improvement Bonds of 1963 Fund in the amount of $11,300.00 is
authorized for the purpose of eliminating the tax levy for the year
1974, collectible in the year 1975.
4. That a transfer from the Public Utility Operating Fund to the
Refunding Bond Fund in the amount of $13,570.00 for the purpose
of reducing the tax levy for the year 1974, collectible in the
year 1975 to be authorized.
5.. That a transfer from the Public Utility Operating Fund to the
Improvement Bonds of 1970 Fund in the amount of $4,920.00 is
authorized for the purpose of eliminating the tax levy for the
year 1974, collectible in the year 1975.
6. That a transfer of the 1974 collections from Service Connections
to the Refunding Bond Fund for the purpose of reducing the tax levy
for the year 1975 is hereby authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 9TH DAY OF
SEPTEMBER, 1974 Q.
YOR - FRANK G07 LIE
ATTEST:
CITY CLE - MARVIN C. BRUNSELL
1