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<br />~ <br /> <br />~ <br /> <br />,.1" <br /> <br />Resolution No.---2.1- 0 6 5 <br /> <br />State of Minnesota <br />Ramsey County <br />City of New Brighton <br /> <br />Resolution Authorizing Transfers for the Rottlund Improvement Project <br /> <br />Whereas, permanent financing has been provided for the Rottlund Utility Project; <br /> <br />Whereas, the permanent financing was pledged to the 1997 Debt Fund #360; <br /> <br />Whereas, since this project was not part of this bond issue, financing should be pledged to the <br />Closed Bond Fund; <br /> <br />Now, therefore be it resolved that: <br /> <br />I. The assessment prepayments received in 1996 shall be transferred to the Closed Bond Fund. <br /> <br />2. Any assessment payments after 1996 shall be received by the Closed Bond Fund. <br /> <br />3. Any charges from the Water, Sewer, and Stormwater Utilities for this project shall be <br />transferred to the Closed Bond Fund. <br /> <br />4. In consideration for these receipts, the Closed Bond Fund shall pay $362,700 to <br />Construction Fund #434. <br /> <br />Adopted this 9th day of September, 1997. <br /> <br />7tfu~ <br /> <br />Robert J. Be , ayor . <br /> <br /> <br />~:}()Mg <br /> <br />ATTEST: <br /> <br />~ <br /> <br />Finance Director! <br />City Clerk <br />