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<br />~..' <br /> <br />l: <br />,. <br /> <br />_ l.~ <br /> <br />RESOLUTION NO. 84-159 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING THE CLOSING OF CONSTRUCTION FUND #622 <br /> <br />WHEREAS, the 1983-1984 construction projects are completed <br />with the exception of the Lake Diane Improvement: and <br /> <br />WHEREAS, to complete the Lake Diane Improvement will require <br />a commitment estimated at $28,300. <br /> <br />NOW THEREFORE BE IT RESOLVED, that: <br /> <br />1. All assets, liabilities and fund balance of <br />Construction Fund #622 shall be closed to <br />Bond Fund #522 as soon as all projects are <br />completed. <br /> <br />2. In anticipation of the closing,on <br />December 31, 1984, a transfer from Fund 622 <br />to Fund 522 shall be made of all cash. <br /> <br />3. The amount of the cash transfer shall be <br />equal to the cash on hand less the commit- <br />ment required to complete the Lake Diane <br />Improvement. <br /> <br />Adopted this 13th day of <br /> <br />November <br /> <br />, 1984. <br /> <br />-~~~r <br /> <br />1~.~ <br />Henry S da, Clty Manager <br /> <br />ATTEST: <br /> <br />~_~,_ Egan <br />FinanCe D.irector <br /> <br />(SEAL) <br />