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RESOLUTION 90 -4- <br />A RESOLUTION CLOSING THE 1983 EQUIPMENT CERTIFICATES FUND TO THE <br />CLOSED BOND FUND <br />WHEREAS, <br />The Equipment of 1983 matured on March 1, 1988 and that there is a balance remaining in <br />this fund in the amount of $21,120 <br />AND WHEREAS, <br />The Closed Bond Fund has been established to allow the City a vehicle for accumulating <br />reserve balances as bond issues are redeemed. <br />NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LITTLE <br />CANADA <br />That Council hereby approves the transfer of the remaining balance of the Equipment <br />Certificates of 1983 Fund into the Closed Bond Fund effective December 31, 1989. <br />PAGE 104 <br />