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<br />..' .......1,..: <br /> <br />RESOLUTION NO. 02-024 <br /> <br />" <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />A RESOLUTION AUTHORIZING THE DELETION OF THE STATE PETRO FUND <br />RECEIVABLE FROM THE CAPITAL IMPROVEMENTS FUND <br /> <br />WHEREAS, the State Petro Fund reimbursed the City of New Brighton for a portion of the cost to <br />remove two fuel storage tanks from the City's garage; and <br /> <br />WHEREAS, the amount of the reimbursement was less than originally anticipated; and <br /> <br />WHEREAS, this resulted in a receivable of$12,657 in the Capital Improvements Fund, and; <br /> <br />WHEREAS, this receivable is no longer collectible: <br /> <br />NOW, THEREFORE, BE IT RESOLVED that, effective 12/31/01: <br /> <br />1. The overstatement of prior years' revenue by $12,657 in the Capital Improvements Fund, <br />Fund 413, shall be corrected. <br /> <br />2. The correction will remove the receivable and reduce the balance in the Capital <br />Improvements Fund. <br /> <br />Adopted this 12th day of March, 2002. <br /> <br />(~\ <br />" .' ,lClMt(\ <br /> <br />Steve Larson, Mayor <br /> <br />~~ 7f~, <br /> <br />fiL~ S. Fulton, City Manager <br /> <br />ATTEST: <br /> <br />'1 <br />// ~ ,. / /: >-/ <br />//D'I'{J:~.,:~:.,{.rl" //. ;'I_~Z-.-c:-C-.'z:>L_ <br /> <br />Daniel A. Maiers <br />Finance Director/City Clerk <br /> <br />I :\SHARED\COUNCIL\Resolutions\2002\Finance\statepetrorecvblc.doc <br />