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<br />'.. <br /> <br />, <br />" <br /> <br />RESOLUTION NO. 85-68 <br /> <br />"... .. ',,?, <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RM1SEY <br />CITY OF NEW BRIGHTON <br /> <br />. <br />RESOLUTION AUTHORIZING TRANSFERS FOR THE TAX INCREMENT <br />BONDS OF 1982 AND 1983 <br /> <br />WHEREAS, the City maintains separate funds to account for <br />the tax increment bonds; and <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 fund. <br />i <br /> <br />NOW THEREFORE BE IT RESOLVED that the following transfers be <br />made: <br /> <br />Transfer To <br /> <br />Transfer From <br /> <br />Tax Increment Debt Fund #304 <br />Tax Increment Debt Fund #303 <br />Winfield Operating Fund #463 <br />MedCenter Operating Fund #464 <br /> <br />$ 9,000 <br />$35,000 <br /> <br />$ 9,000 <br />$35,000 <br /> <br />TOTAL: <br /> <br />$44,000 <br /> <br />$44,000 <br /> <br />!Adopted this 23rd day of <br /> <br />July <br /> <br />, 1985. <br /> <br />/~ t8~ <br /> <br />Gre~. Harcus, Mayor <br /> <br /> <br />M,anager <br /> <br />. ATTEST: <br /> <br />"~ <br />>..- ~ <br />".: . .' , <br /> <br />-~~ ~1arga:r:.e-A.Egan <br />~;Finance Director <br /> <br />"""t...i <br /> <br />.,' <br />;, (SEAL) <br />