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<br />! <br /> <br />;j <br />v <br /> <br />_ "'-..l",! <br /> <br />RESOLillION NO R 7 - 19 <br /> <br />STATE OF MINNESOrA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGH'ION <br /> <br />RESOLUI'ION AurHORIZING TRANSFERS FOR THE TAX INCREMENT BONDS OF 1982 <br />AND 1983 <br /> <br />Whereas, the City maintains separate funds to account for the tax <br />increrrEl1t bonds; and <br /> <br />Whereas, one fund is used for debt retirerrEl1t while the second fund <br />is used for receipt of tax increments and operating expenses; and <br /> <br />Whereas, to provide m:::mies for debt payment, on a periodic basis it is <br />necessary that a transfer be made from the second to the first fund; <br /> <br />Now, therefore be it resolved that the following transfers be made: <br /> <br />Transfer in <br /> <br />Transfer out <br /> <br />Tax Increrrent Debt Fund #303 <br />Tax Increrrent Debt Fund #304 <br />Winfield Operating Fund #463 <br />MedCenter Operating Fund #464 <br /> <br />$38,000 <br />$180,000 <br /> <br />TCYl'AL : <br /> <br />$2l8,000 <br /> <br />$180,000 <br />$38,000 <br /> <br />$218,000 <br /> <br />Adopted this <br /> <br />day of <br /> <br />14th <br /> <br />ApriJ. ] 9R7 <br /> <br /> <br /> <br />J' <br />Margar t A. Egan <br />Financ Director <br />