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PRECA 11-12-1980
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Minutes Park & Recreation Commission Meetings P&R 01200
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1980
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PRECA 11-12-1980
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'. <br />$ x.70, <br />Funds in an amount of U00 are projected within the Closed fond <br />Fund and an additional $85,000 should acru~ in 19131. The aboue <br />amount represents the residual of ten bonds which have or wild. be <br />clQSpd by 12/31/81. No additional revenue Wi11 accrue to thi9 fund <br />unti3 1983 when .one bond will mature. The next .bonds mature in <br />19®6, 1981 sealcoating expenditures have not been deducted. <br />Minnesota State Aid funds far road eonstruc~ion are projected to be <br />in arrears in an amount of $26,000 at years end. 1981 paving <br />expenditures for 11th Ave., 8th St, and 9tb Ave, will be a-draw on <br />the 1981 allottment. A],so, total 10th St, easment and relocation <br />coat+9 are not known and .could be considerably higher than projected. <br />
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