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<br />\ <br /> <br />RESOLUTION NO. 95-033 <br /> <br />State of Minnesota <br />County of Ramsey <br />City of New Brighton <br /> <br />RESOLUTION ESTABLISHING A REVOLVING PROJECT FOR THE <br />SEALCOA TING PROGRAM & AUTHORIZING A TRANSFER <br /> <br />Whereas, the City is commited to an annual sealcoating program; <br /> <br />Whereas, this program has been accounted for as part of the General Fund's Streets <br />Department; <br /> <br />Whereas, it would be more advantageous to account for this program as part of the <br />Capital Project Fund #422; <br /> <br />Now, therefore be it resolved that: <br /> <br />1. The sealcoating program shall become part of the Capital Project Fund. <br /> <br />2. Financing ofthe 1994 program shall be of two-parts: <br /> <br />1994 Budget appropriation of $70,600 <br />1993 program residual of $30,500 <br /> <br />3. A transfer of$30,500 shall be required to accommodate the use of the '93 residual. <br /> <br />4. The transfer shall be made as of December 31, 1994. <br /> <br />Adopted this 9th day of May, 1995. <br /> <br />~ <br />Robert J. Be e, Mayor <br /> <br />ATTEST: <br /> <br /> <br />~~~ <br /> <br />Ma ew Fulton, City Manager <br /> <br />Margaret A gan <br />Finance Director <br />