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<br />__. ,-.-.-~.."",~.~l' I <br />". <br /> <br />! <br /> <br />':. <br /> <br />i, <br />I <br /> <br />RESOLUTION 110. Q 0 - 0 3 6 <br /> <br />STATE OF HIRHESOTA <br />COUR'l'Y OF RAMSEY <br />CI'l'Y OF NEW BRIGH'l'OH <br /> <br />RESOLUTION AU'.l'R>RIZIHG TRAHSFER FOR WA'l'ER U"l'ILITY ASSIS'lAHCE <br /> <br />Whereas, the Environmental Restoration Fund exists to assist in <br />restoring the environment; <br /> <br />Whereas, as part of this restoration effort, the City issued bonds to <br />rebuild the municipal water system; <br /> <br />Whereas, a commitment has been made to repay the water bonds from the <br />, Environmental Restoration Fund; <br /> <br />Whereas, the amount of repayment for the years 1989 and 1990 totals <br />$904,400 ; <br /> <br />Whereas, a portion of the total already has been appropriated; <br /> <br />Now therefore be it resolved that: <br /> <br />i: 1) <br />; <br />I' 2) <br /> <br />An additional transfer of $527,400 shall be made to the Water Fund to ' <br />assist with the bond repayment. <br /> <br />The transfer shall be paid from the Environmental Restoration Fund. <br /> <br />Adopted this ~ day of Hay <br /> <br />, 1990. <br /> <br />I <br />.1 <br /> <br />~ <br /> <br />'f~1:QCNi\-/ <br />Margaret' A. Egan <br />Finance Director/City Clerk <br /> <br />f\ <br />& ' . <br />l\" m>& m. C:hd.J-4- <br /> <br />David M. Childs, City Manager <br /> <br />Attest: <br />