RES 1972-115 - 0000849922,1
RESOLUTION NO. _115= 1972
A RESOLUTION MAKING A TRANSFER FROM THE PUBLIC UTILITr FUND TO W45 WATERWORKS
IMPROVEMENT BOND rUND, WATERWORKS BONDS OF 1970 FUND, IMPROVEMENT BONDS OF 1960
FUND, IMPROVEMENT BONDS OF 1963 FUND, IMPROVEENT 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 special session on the 25th day of September, 1972 as follows:
1. That a transfer from the Public Utility Operating Fund to the
Waterworks Improvement Bond Fund W -75 in the amount of $48,338.00
is authorized for the purpose of eliminating the tax levy for the
year 1972, collectible in the year 1973.
2. That a transfer from the Public Utility Operating Fund to the
Waterworks Bond of 1970 Fund in the amount of $64,866.00 is authorized
for the purpose of eliminating the tax levy for the year 1972, collectible
in the year 1973.
3. That a transfer from the Public,Utility Operating Fund to the
Improvement Bonds of 1960 Fund in the amount of $916.00 is authorized
for the purpose of eliminating the tax levy for the year 1972, collectible
in the year 1973.
4. That a transfer from the Public Utility Operating Fund to the
Improvement Bonds of 1963 Fund in the amount of $16,273.00 is authorized
for the purpose of eliminating the tax levy for the year 1972, collectible
in the year 1973.
5. That a transfer from the Public Utility Operating Fund to the
Refunding Bond Fund in the amount of $31,897.00 for the purpose of
reducing the tax levy for the year 1972, collectible in the year 1973
be authorized.
6. That a transfer from the Public Utility Operating Fund to the
Improvement Bonds of 1970 Fund in the amount of $4,441.00 is authorized
for the purpose of eliminating the tax levy for the year 1972, collectible
in the year 1973.
7. That the transfer of the 1972 collections from the Service Connections
to the Refunding Bond Fund for the purpose of reducing the tax levy for
the year 1972 is authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY
THIS 25TH DAY OF sEpTEmBEg
ATTEST•
CITY CLERK ARVIN C. BRUNT L