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RES 1972-53 - 00008358I RESOLUTION NO. 53 - 1972 A RESOLUTION AUTHORIZING THE TEMPORARY TRANSFER OF FUNDS FROM THE STATE AID REVOLVING ACCOUNT TO THE NORTH PARK CAPITAL FUND WHEREAS, The City Council has previously authorized expenditures for the purchase of land in.an area known as-., North Park, and WHEREAS, The City has requested State and Federal participation for the purchase of this property, and WHEREAS, Federal and State participation has not yet been received in an amount necessary to off -set the cost incurred to -date, NOW, THEREFORE, BE IT RESOLVED, That a temporary- transfer of funds from the State Aid Revolving Account to the North Park Capital Account in the amount of $105,000 is hereby authorized. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE . CITY OF FRIDLEY THIS iST DAY OF MAY 1972. ATTEST: IN, L_ FA wo