Laserfiche WebLink
Counc ilmember <br />adoption: <br /> <br />introduced the following resolution and moved for its <br /> <br />RESOLUTION #86- <br /> <br />RESOLUTION REAFFIRMING EQUITY TRANSFERS AND OPERATING TRANSFERS FOR FISCAL YEAR <br />1 985 <br /> <br /> WHEREAS, transfers for fiscal year 1985 total $261,149.55 for equity <br />transfers and $415,013.19 for operating transfers; and <br /> <br /> WHEREAS, equity transfers for 1985 are required in accordance with <br />current bond covenants; and <br /> <br /> WHEREAS, operating transfers for Minnesota State aid street project <br />reimbursement have been received by the City and is required to be appropriated <br />to the special assessment bond fund used to finance the construction; and <br /> <br /> WHEREAS, operating transfers for the capital project fund overhead <br />that is transfered to the administrative trust fund has been approved by 1985 <br />budget appropriations Resolution ~84-256 and Resolution ~85-134; and <br /> <br /> WHEREAS, the 1985 budget Resolution ~84-256 has made appropriations <br />for operating transfers; and <br /> <br /> WHEREAS, all equity and operating transfers for fiscal year 1985 are <br />as follows: <br /> <br />Prior <br />Approval Actual Tran-In Tran-Out <br />Type Description Budget Amount Fund Fund <br /> <br />EQUITY TRANSFERS <br /> <br />Close 1984 Constr. <br />Fund into 1984 Debt <br />Service <br /> <br />Close 1981 Debt <br />Service Fund into 1985 <br />Refunding Debt Service <br />Fund <br /> <br />29,314.33 308 408 <br /> <br />231,835.22 311 305 <br /> <br />261,149.55 <br /> <br />OPERATING TRANSFERS <br /> <br />MSAS Project 199-105-01 <br />MSAS Project 199-105-02 <br />MSAS Project 199-105-02 <br />MSAS Project 199-110-01 <br /> <br />16,279.01 409 402 <br />26,472.92 409 402 <br />119,484.80 409 402 <br />108,252.04 410 402 <br /> <br />Page 1 of 3 <br /> <br /> <br />