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<br />... <br /> <br />RESOLUTION NO. 00-110 <br /> <br />City of New Brighton <br />Ramsey County <br />State of Minnesota <br /> <br />, RESOLUTION AUTHORIZING CLOSING OF CONSTRUCTION FUND 435 <br /> <br />Whereas, this construction fund accounted for projects which now have been completed; <br /> <br />: Whereas, the capital to pay for the projects was provided by the Improvement Bonds of 1999; <br /> <br />.: Whereas, the balance in Fund 435 is approximately $293,400; <br /> <br />Whereas, the bond resolution requires this fund balance to be dedicated for debt service; <br /> <br />Now, therefore be it resolved that: <br /> <br />I. The balance in Fund 435 shall be transferred to Fund 424 and dedicated to the debt service <br />of the Improvement Bonds of 1999. <br /> <br />2. Fund 435 shall be closed effective November 30, 2000. <br /> <br />~~(AMDI <br /> <br />Steve Larson, Mayor <br /> <br />. ATTEsT:-' <br /> <br />t4~ 11J-- <br /> <br />M tthew S. Fulton, City Manager <br /> <br /> <br />Mk~t~, . san " <br />Finance Diregcr/Ciry--Clerk <br /> <br />. I:\SHARED\CQUNCIL\Resolutions\FINANCE\2000\FUND43 5. wpd <br /> <br />; ! <br />