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<br />~ <br /> <br />RESOLUTION NO, 95-071 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING A SPECIAL INSTALLMENT FOR THE PURCHASE OF <br />THE TELEPHONE SYSTEM <br /> <br />Whereas, a new phone system was acquired for the municipal facilities in 1994; <br /> <br />Whereas, the total cost of the system was $112,300; <br /> <br />Whereas, the initial finance plan was based on a cost of $90,000; <br /> <br />Whereas, since the actual cost is above the initial cost, supplemental financing will be required; <br /> <br />Whereas, the supplemental cost to the General Fund will be $18,500 and it is proposed that a <br />special installment be added to the capital instlalment account for this purpose; <br /> <br />Now therefore be it resolved that: <br /> <br />A special installment shall be added to the capital installment account as follows: <br /> <br />Special Installment <br /> <br />96 <br />$4500 <br /> <br />97 <br />$4500 <br /> <br />98 <br />$4500 <br /> <br />99 <br />$5000 <br /> <br />Adopted this 12th day of September, 1995. <br /> <br />~ <br /> <br />--~~-........ <br /> <br />/" <br />-.... <br /> <br /> <br />A TTE;T: <br /> <br />~i:.' <br /> <br />.I....~ <br /> <br />~. --'"::-..,~- <br /> <br />~tf1!f.l~- <br />Margaret l. Egan- -: - . - ~ <br />Finance Dir~ctor7- <br />City Clerk <br />