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<br />Ii <br />!\ <br />ii <br /> <br />II <br /> <br />RESOLUTION NO. 86-117 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING ACCOUNTING FOR COUNTY ROAD D PROJECT <br /> <br />lihereas, the City recently assessed the County Road D <br />improvement project; <br /> <br />Whereas, with the assessment of the project, the construction <br />fund can be closed; <br /> <br />Whereas, the construction project was financed with bonds, <br />the construction account must be closed to the Assessment <br />Fund, 1984 Improvement Bonds Fund #522; <br /> <br />Whereas, as part of the improvement project, an upgrading <br />was made to the City's water utility; <br /> <br />\' <br /> <br />Whereas, the cost of the upgrading was $4000 and it was <br />planned that this cost would be paid for by the water utility; <br /> <br />NOW, THEREFORE BE IT RESOLVED THAT: <br /> <br />1. All assets, liabilities and fund balance of the Construction <br />Fund #622 shall be closed to the 1984 Improvement Bonds Fund <br />#522. <br /> <br />2. A transfer of $4000 shall be made from the Water Utility <br />Fund to the Construction Fund #622 to pay for the upgrading <br />of the water utility. <br /> <br />Adopted this lOth day of November, 1986. <br /> <br />~~ <br />,,- <br />,r' ". <br />~ - <br />Robert J. ,. e, Mayor <br /> <br /> <br />ATTES'l' : <br /> <br /> <br />Marga et A. Egan <br />Finance Director/City Clerk <br /> <br />( SEA.L) <br /> <br />l, <br /> <br />! .' <br />I <br />I <br />