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RESOLUTION 90 -4- <br />A RESOLUTION CLOSING THE IMPROVEMENT BONDS OF 1987 CAPITAL PROJECTS <br />FUND <br />WHEREAS, <br />The Improvement Bonds of 1987 Capital Project Fund accounted for project 87 -8 <br />(Slumberland) and that this project was completed and assessed in 1988 <br />AND WHEREAS, <br />Actual construction costs have exceeded Bond proceeds by approximately $20,412 <br />AND WHEREAS, <br />The City established the Closed Bond Fund for purposes including construction deficits <br />NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LT17LE <br />CANADA <br />That Council hereby approves the transfer of approximately $20,412 from the Closed Bond <br />Fund to the Improvements of 1987 Capital Project Fund effective December 31, 1989 <br />PAGE 106 <br />