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Council',.~n,b~c Cox introduced the following resolution and moved for <br />/_ts ~dopLi,.~ ~. <br /> <br />RESOLUTION #87-244 <br /> <br />RESOLUTI(I,~ AM~NDING THE 1987 BUDGET <br /> <br /> WP/.EREAg, the Ramsey City Council adopted the 1987 Budget by <br />Resolu~io~, #~489 on th~ 25th of November. 1986; and <br /> <br /> WHE>'.EAS, the 1987 Budget has been amended by City Council Resolution <br />#87-53~ ~])~/~9.i ~nd #87-238; <br /> <br /> W~E~EAS, for the purpose of consolidating within the General Fund all <br />City ob]~47~ i~ms for special assessments levied against against City property <br />for budgo~ L~,~. and reporting purposes; <br /> <br />NOW TtlEREFORE.~ BE IT RESOLVED BY %]tE CII"/ COUI~CIL OF T~tE CITY OF RA_MSEY. AN01~ <br />COUNTY,, ~;TATE OF MINNESOTA, as follows: <br /> <br /> 'I) ]'hat the following transfers be made from the General Fund to the <br />approp~.;ste ,i~[,t service fund in consideration for the full value of <br />delinquicq~ t~×es receivable in the appropriate debt service fund. to fully <br />fund ail (; y obligations for special assessments that have been levied as <br />current ~.c v~':orem taxes but are delinquient for taxes payable 1983, 1984, and <br />1985: <br /> <br />Fund ]Ii : General Fund Tr;~r,.~-i'(~ s Out: <br /> ~nd 707: 1983 improvement Debt Service <br /> F~nc', 710: 1984-~II Improvement Debt Service <br /> Fungi 712~ 1985 Improvement Debt Service <br /> <br />$241 <br /> 433 <br /> 60 <br />$734 <br /> <br />Del ir.luv.~t Taxes Receivables: <br /> F~,~ ~i07: 1983 Improvement Debt Service <br /> F~,0 ~t0: 1984-11 Improvement Debt Service <br /> I~'~( ~2: 1985 improvement Debt Service <br /> <br />$241 <br />433 <br /> <br />$734 <br /> <br /> '~) Chat the roi. lowing transfers be made from the General Fund to <br />the app~t~l?~.3_~e debt service fund in consideration for the full value of <br />taxes levb~o i~ the appropriate debt service fund, to fully fund all City <br />obligatJ.o~: i,~~ spc:cial assessments that have been levied as current ad <br />v~lorem t~,..~. ::or taxes payable 1987: <br /> <br />Fund ii)l: General Fund. <br /> <br />1979 Improvement Debt Service $ 7,920 <br />1982 Improvement Debt service 1,488 <br />1983 Improvement Debt Service 3,500 <br />1984---11 Improvement Debt Service 10,070 <br />1985 Improvement Debt Service 1,815 <br />1986 Improvement Debt Service 305 <br /> <br />Resolution #87-244 <br /> <br />Page i of 2 <br /> <br /> <br />