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A RESOLUTION AUTHORIZING THE TRANSFER OF <br />ADDITIONAL FUNDS FROM THE CLOSED BOND FUND <br />TO THE INTERIM CONSTRUCTION FUND TO COVER TOTAL COSTS <br />FOR CITY PROJECT #94 -03 DIANNA LANE RETAINING WALL <br />The construction of city project #94 -03 Dianna Lane Retaining <br />Wall has been completed at a total cost of $38,137.37; and, <br />WHEREAS, <br />$25,000 was previously approved and transfered to the Interim <br />Construction Fund (Fund 551) from the Closed Bond Fund (Fund 500) <br />to cover the project's costs; <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 $13,137.37 from <br />the Closed Bond Fund (Fund 500) to the Interim Construction Fund <br />(Fund 551) to cover the additional costs of this project; <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 100 <br />