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Resolution 065-78
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Resolution 065-78
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7/8/2008 7:45:48 AM
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6/24/2008 11:51:41 AM
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<br />~ r <br />'. <br />J <br />.' RESOLUTION NO.IP5'-~f? ... <br /> . <br /> STATE OF MINNESOTA <br /> COUNTY OF R.A:tJBEY <br /> VILLAGE OF NEW BRIGHTON <br /> RESOLUTION AUTHORIZING A PARTIAL TRANSFEH OF FUNDS FROM THE <br />"- CAPITAL OUTLAY FUND TO THE GENERAL FUND FOR ADMINISTHATIVE <br /> COSTS ATTRIBUTED TO VARIOU,=: CAPITAL U1PROVEMENT PROJECTS <br /> WHEREAS,capital improvement projects for the year 1965 have been ordered and <br /> contracted for in full or in part, and funds for such projects have <br /> been borrowed by the sale and issuance of $875,000 Permanent Improve- <br /> ment Bonds of 1965; and <br /> WHEREAS,it is deemed advisable to make a transfer of funds for a portion of <br /> the total administrative costs directly attributable to such capital <br /> improvements at this time with a final transfer to be made upon <br /> comnletion of such projects and final costs having been determined. <br /> NOW THEREFORE BE IT RESOLVED by the Village Council of New Brighton that <br /> transfer from Capital Outlay Fund to General Fund in the following <br /> amounts upon the following formula be made at this time as partial <br /> transfers of total anticipated administrative costs of each of such <br /> projects, to wit: <br /> Improvement Total Administrative Cost Total Estimated Cost Partial Transfer <br /> 64-21 1% $ 18,297.00 3/4 of 1% <br /> 64-22 3/4 of 1% 107,450.47 1/2 of 1% <br /> 64-23 3/4 of 1% 172,243.11 1/2 of 1% <br /> ~ 65-4 1/2 of 1% 32,519.00 1/4 of 1% <br /> 65-5 3/4 of 1% 34,914.00 1/2 of 1% <br /> 65-6 3/4 of 1% 8,798.00 1/2 of 1% <br /> 65-10 3/4 of 1% 127,087.00 1/2 of 1% <br /> 65-12 1% 76,661.00 3/4 of 1% <br /> 65-13 1% 12,743.00 3/4 of 1% <br /> 65-14 1% 5,906.00 3/4 of 1% <br /> 65-15 1% 5,578.00 3/4 of 1% <br /> 65-17 .4 of 1% 60,975.00 .3 of 1% <br /> 65-22 3/4 of 1% 26,162.00 1/2 of 1% <br /> 65-24 3/4 of 1% 50,489.00 1/2 of 1% <br /> 65-25 3/4 of 1% 14,926.00 1/2 of 1% <br /> 65-26 1/2 of 1% 151,180.00 1/4 of 1% <br /> Adopted this ~~~~t O:h_19 I S-. <br /> f)~t?'.~ <br /> ATTEST: <br /> ---i.~<dJGI J)) 11/ll I 2-i <br /> iillage lerk i -, <br />e,{),2J~~1 SEAL . <br /># <br />
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