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86-068
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86-068
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8/9/2005 11:35:27 AM
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<br />;1 <br /> <br />\:~-"..:.. <br /> <br />'<;., ,-~';;' <br /> <br />RESOLUTION NO. 86-68 <br /> <br />STATE OF HINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING TRANSFERS FOR THE TAX INCREMENT BONDS <br />OF 1982 AND 1983 <br /> <br />WHEREAS, the City maintains separate funds to account for <br />the tax increment bonds; and <br /> <br /> <br />WHEREAS, one fund is used for debt retirement while the <br />second fund is used for receipt of tax increments and operating <br />expenses; and <br /> <br />WHEREAS, to provide monies for debt payment, on a periodic <br />, basis it is necessary that a transfer be made from the second <br />to the first bund. <br /> <br />NOW THEREFORE BE IT RESOLVED that the following transfers be <br />: made: <br /> <br />i; <br /> <br />Transfer To <br /> <br />Transfer From <br /> <br />Tax Increment Debt Fund #303 <br />Tax Increment Debt Fund #304 <br />Winfield operating Dund #463 <br />MedCenter Operating Fund #464 <br /> <br />$ 35,000 <br />165,000 <br /> <br />$165,000 <br />35,000 <br /> <br />:j <br />'I <br /> <br />TOTAL: <br /> <br />$200,000 <br /> <br />$200,000 <br /> <br />Adopted this <br /> <br />22nd <br /> <br />day of <br /> <br />July <br /> <br />, 1986. <br /> <br />~ <br /> <br />'l <br /> <br />,,1/ ~ <br />"l rJ?/"tJi A-1~ <br />Henry Si a'; City Manager <br /> <br />, ,- <br /> <br />ATTEST: <br /> <br /> <br />.. <br />-' <br /> <br />.' (SEAL}:' <br /> <br />" <br />.'---0, <br /> <br />'" <br />Ii <br />
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