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RES 1970-96 - 00009744114 RESOLUTION NO. 96 -1970 A RESOLUTION TRANSFERRING FUNDS FROM THE REVOLVING FUND TO THE 1969 -1 STREET FUND (POLK STREET) WHEREAS, The expenses in the amount of $2,475.17 were incurred under the 1969 -1 street contract for installation of storm sewer on Polk Street, and WHEREAS, A storm sewer hearing was not held under the 1969 -1 Street Project, and WHEREAS, This cost will be a part of a future storm sewer improvement project, NOW, THEREFORE, BE IT RESOLVED, That the 1969 -1 Street Project be reimbursed for the $2,475.17 expenditure made and $2,475.17 will be transferred from the Revolving Fund to the 1969 -1 Street Project BE IT FURTHER RESOLVED, That the above storm sewer construction costs will be carried in the Revolving Fund until such time as the storm sewer system is installed in the area, at which time this will be incorporated as part of the cost of the overall storm sewer project. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 4TH DAY OF MAY, 1970. ATTEST: CITY CLAR BRUNSELL YOR - JACK KIRKHAM .. I 1 F1 L