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RES 1991-29 - 00003651RESOLUTION NO. 29 -1991 1 38 RESOLUTION AUTHORIZING CHANGES IN APPROPRIATIONS FOR THE CAPITAL IMPROVEMENT FUND AND AUTHORIZING THE TRANSFER OF ' FUNDS FROM THE CAPITAL IMPROVEMENT FUND, STREET DIVISION TO THE 1990 STREET FUND WHEREAS, the City Council of the City of Fridley adopted Resolution No. 40 -1990 ordering improvements under the Street Improvement Project No. ST. 1990 - 3 on June 18, 1990, and WHEREAS, the extension of Oakley Drive is a portion of Street Improvement Projerct No. ST. 1990 - 3, and WHEREAS, the costs for Oakley Drive improvements were inadvertently identified under the 67th Avenue /Oakley Drive watermain loop improvement, and WHEREAS, the funding for the construction, advertising, and interest should come out of the 1990 Street Capital Improvement Fund. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley that the 1990 Budgets of the following funds be amended as follows: CAPITAL IMPROVEMENT FUND Revenue Adjustments Fund Balance . . . . . . . . . . . . $ 6,577.69 Appropriation Adjustments Capital Outlay . . . . . . . . . . . $ 6,577.69 BE IF FURTHER RESOLVED, that the City Council of the City of Fridley authorizes the transfer of funds from the Capital Improvement Fund, Street Division, to the 1990 Street Fund in the amount of $6,577.69. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 4TH DAY OF MARCH, 1991. WILLIAM J. NE MAYOR ATTEST: SHIRLEY AJ HAAPALA - 6tITY CLERK 1