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A RESOLUTION AUTHORIZING THE CLOSURE OF FUND 401 <br />AND TRANSFERRING THE REMAINING BALANCE TO THE <br />INTERIM CONSTRUCTION FUND <br />WHEREAS, <br />The obligations of the Non - Assessable Interim Construction Fund <br />(Fund 401) have been completed; and, <br />WHEREAS, <br />The remaining fund balance for Fund 401 is $301.18; <br />NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LITTLE <br />CANADA, MINNESOTA <br />That Council hereby authorizes the transfer of the remaining fund <br />balance to the Interim Construction Fund (Fund 551) and the <br />closure of Fund 401; <br />The motion for the adoption of the foregoing resolution was <br />seconded by Council Member and upon vote taken <br />thereon, the following voted in favor thereof: <br />Fahey, LaValle, Morelan, Pedersen, and Scalze; <br />and the following voted against the same: None. <br />Whereupon said resolution was declared duly passed and adopted. <br />8/19/96 <br />Page 97 <br />