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<br />.. <br /> <br />RESOLUTION NO. 89-1AAL- <br /> <br />STATE OF MINNESOTA <br />COUN'I'Y OF RAHSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION CLOSING 1973 SPECIAL ASSESSHENTS BOND FUND #314 <br /> <br />WHEREAS, a separate fund was established to account for the Special <br />Assessment Bonds of 1973, <br /> <br />WHEREAS, the final bond payment for the Special Assessment Bonds of <br />1973 was made on October 1st, 1989, <br /> <br />WHEREAS, the need for a separate fund no longer exists because <br />payment of the final bond payment has been made, <br /> <br />WHEREAS, the practice has been to transfer any residual of such a <br />fund to the Closed Bond Fund, <br /> <br />NOW THEREFORE BE IT RESOLVED, by the New Brighton City Council, that <br />all assets, liabilities, and fund balance of the Special Assessment <br />Bonds of 1973 (Fund #314) shall be transferred to the Closed Bond <br />Fund (Fund #426). <br /> <br />Adopted this --1A..U1 day of NO\lE'mheL , 1989. <br /> <br />ATTEST: <br /> <br />;Cw~&= <br /> <br />Robert Benk 1ayor <br /> <br />~~ ffi. ChiJk <br /> <br />David Childs, <br />City Manager <br /> <br />~ <br /> <br />Hargartt::'. <br />Finance Director/City Clerk <br /> <br />(SEAL) <br />