RES 1977-93 - 00006961I
141
RESOLUTION NO. 93 -1977
A RESOLUTION AUTHORIZING TRANSFERS FROM THE PUBLIC UTILITY FUND AND THE
REVOLVING FUND TO W -75 WATER WORKS IMPROVEMENT BOND FUND, WATER REFUNDING
BONDS OF 1975 FUND, IMPROVEMENT BONDS OF 1963 FUND, AND SPECIAL ASSESSMENTS
REFUNDING BONDS OF 1964
WHEREAS, Tax levies have been adopted and filed with the County,
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 12th day of September as
follows:
1. That a transfer from the Public Utility Operating Fund to the
Water Refunding Bond Fund W -75 in the amount of $41,900 for the
purpose of eliminating the tax levy for the year 1977,
collectible in the year 1978, is authorized.
2. That a transfer from the Public Utility Operating Fund to the
Water Refunding Bonds of 1975 Fund in the amount of $58,300 for
the purpose of eliminating the tax levy for the year 1977,
collectible in theyear 1978, is authorized.
3. That a transfer from the Public Utility Fund to the Improvement
Bonds of 1963 Fund in the amount of $3,367 for the purpose of
eliminating the tax levy for the year 1977, collectible in the
year 1978, is authorized.
4. That a transfer from the Public Utility Fund to the Refunding
Bonds of 1964 in the amount of $28,068 for the purpose of
eliminating the tax levy for the year 1977, collectible in the
year 1978, is authorized.
5. That a transfer of the 1977 collections from Service Connections
by the Revolving Fund to the Refunding Bonds of 1964 for the
purpose of eliminating the tax levy for the year 1977, collectible
in 1978, is authorized.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 12TH
DAY OF SEPTEMBER, 1977.
MAYOR - WILLIAM J. NEE
ATTEST:
CITY CLE K - RVIN C. BR L��