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96-057
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96-057
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8/3/2005 3:13:42 PM
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<br />~ <br /> <br />::r <br /> <br />"~ <br /> <br />RESOLUTION NO. 9fi -0 S 7 <br /> <br />State of Minnesota <br />County of Ramsey <br />City of New Brighton <br /> <br />RESOLUTION AUTHORIZING THE CLOSING OF DEBT SERVICE FUND #356 <br /> <br />Whereas, a separate fund was established to account for the 1986 Special Assessment Bonds; and <br /> <br />Whereas, prepayment and redemption of these bonds was recently authorized; and <br /> <br />Whereas, the need for a separate fund no longer exists because the bonds have been paid in <br />entirety; and <br /> <br />Whereas, the practice has been to transfer any residuals to the Closed Bond Fund; <br /> <br />Now, therefore be it resolved that: <br /> <br />1. All assets, liabilities, and fund balance of the 1986 Special Assessment Bonds Fund #356 <br />shall be transferred to the Closed Bond Fund #410. <br /> <br />2. This closing shall be effective August 1, 1996. <br /> <br />Adopted this 13th day of August, 1996. <br /> <br />~//~ <br />Robert J. Be <br /> <br /> <br />L"e... <br /> <br />~~Managcr <br /> <br />ATTEST: <br /> <br />~ <br /> <br />Finance Director/ <br />City Clerk <br /> <br />I/SharedlMisc.Fin/Res356 <br />
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