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<br />... ..............,,:P <br /> <br />~ <br /> <br />RESOLUTION NO. <br /> <br />85-36 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING A TRANSFER FOR STREET LIGHTS <br /> <br />WHEREAS, the 1984 Budget provided that a loan be made from <br />the Tax Increment Fund #464 to the Street Lighting Department; <br />and <br /> <br />WHEREAS, the purpose of the loan was to provide for new <br />street lights; and <br /> <br />WHEREAS, the loan was to be repaid by savings from future <br />operating costs; and <br /> <br />WHEREAS, 1984 operating costs are $8,300 under budget; and <br /> <br />WHEREAS, this 1984 savings can be used to repay the loan. <br /> <br />NOW THEREFORE BE IT RESOLVED, that: <br /> <br />1. The loan of $6,200 shall be repaid in entirety. <br /> <br />2. The 1984 Budget, account code 101-133-4992, shall <br />be increased by $6,200 to provide for this <br />repayment. <br /> <br />., <br /> <br />3. The repayment shall be effective December 31, 1984. <br /> <br />Adopted this <br /> <br />23rd <br /> <br />day of <br /> <br />April <br /> <br />, 1985. <br /> <br />:! <br /> <br /> <br />/) <br />Henry Si <br /> <br />~ <br /> <br />, City Manager <br /> <br />ATTEST: <br /> <br /> <br />.~~ <br /> <br />J~.~1arga:1i t A. Egan <br />':..Fina:oce Dire9tor <br /> <br />.. (SEAL) <br />