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01-052
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01-052
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7/13/2005 3:19:40 PM
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7/12/2005 11:45:25 AM
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<br />-..- .... ---- -- ~ ~!I <br /> <br />Increment revenue (UNon- Tax Increment Revenue"); <br /> <br />WHEREAS, the activities for which the City may expend Tax Increment <br />Revenue are determined by Minnesota Statutes Sections 469.174 through <br />1469.1791. <br /> <br />WHEREAS, the City has identified Non-Tax Increment Revenue contained <br />iO Funds 461 through 489, and wish to transfer such revenues to Fund 460. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />f1Jew Brighton, Minnesota, as follows: <br /> <br />, The Finance Director of the City is hereby authorized and directed to <br />transfer the Non-Tax Increment Revenue in the amount of $9,063,065 plus <br />interest and investment earnings on this amount as allowed by the Act contained <br />in Funds 461 through 489 and to transfer such Non-Tax Increment revenue to <br />ttund 460 as of December 31,2000. <br /> <br />Adopted by the City Council of the City of New Brighton, Minnesota, this <br />12th day of June, 2001. <br /> <br />Whereupon said resolution was declared duly passed and adopted, and was <br />$igned by the Mayor and attested to by the City Clerk. <br /> <br /> <br />~./f- '}J.k <br />atthew Fulton, City Manager <br /> <br /> <br />2 <br />
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