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No. R-92-51 <br />• CITY OF FALCON HEIGHTS <br />C O U N C I L R E S O L U T I O N <br />Date: 12/9/92 <br />A RESOLUTION TRANSFERRING FUNDS <br />BE IT HEREBY RESOLVED, by the city council of the City of <br />Falcon Heights that $851,703.36 be transferred as follows: <br />Transfer <br />Fund In Out <br />(Coffman '85 TIF Bond $272,751.00 <br />TIF District #1 Pool 119,174.12 <br />TIF District #1 Construction $391,925.12 <br />(Bullseye) 84B TIF Bond 126,784.34 <br />TIF District #2 Construction 126,784.34 <br />(Stratford) Rottlund Construction <br />Fund 332,993.90 <br />Stratford 85B TIF Bonds 332,993.90 <br />WHEREAS, it is the intent of the city council of Falcon Heights <br />to create a TIF District #1 Construction Fund and a TIF District #2 <br />Construction Fund as new funds and close out the Rottlund Construction Fund <br />to its proper debt service fund. <br />Approved by ~ / ~~~ ~+~ ' ,, <br />Mayor <br />BALDWIN Dec. 9, 1992 <br />CIERNIA 5 In Favor Date <br />GEHRZ ,~ <br />JACOBS 0 Against ' . , -'/ y <br />GIBBON TALBOT `, ~ U <br />,~%' <br />Attested by u~-...~<. <br />Cit Clerk <br />_ Dec. 9, 1992 <br />Date <br />• <br />