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06-06-2016 Council Packet
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06-06-2016 Council Packet
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1/25/2018 3:33:02 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/06/2016
Council Meeting Type
Work Session Regular
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<br /> <br />Nonmajor Governmental Funds (Continued) <br /> <br />Capital Project Funds (Continued) <br /> <br />Surface Water Management - to account for the financing of surface water management and storm water <br />improvements. <br /> <br />Tax Increment Funds - to account for development projects financed with tax increments. <br /> <br />Dedicated Parks - to account for the receipts and use of monies collected from dedicated parks fees. <br /> <br />Muncipal State Aid Fund - to account for the financing of future reconstruction of state aid eligble streets. <br /> <br />I35E Interschange Fund - to account for activity related to the I35E/CSAH 14 Interchange Reconstruction <br />Project. <br /> <br />Office Equipment Revolving Fund - to account for the receipt and use of funds for office equipment <br />purchases. <br /> <br />Legacy Woods Edge Improvement Fund - the Legacy Woods Edge Improvement fund accounts for <br />construction costs related to infrastructure improvements in the Legacy Woods Edge development. <br /> <br />Traffic Signal Fund - the Legacy traffic signal charge fund accounts for costs associated with construction <br />of traffic signals in the City. <br /> <br />Otter Lake Road Exension Fund - this fund accounts for activities relating to the construction performed <br />in the extension of the Otter Lake Road. <br /> <br />21st Ave Extension Fund - this fund accounts for activities relating to the construction performed in the <br />extension of 21st Avenue within the City. <br /> <br />Fire House #2 Construction Fund - this fund accounts for activities relating to the construction of Fire <br />House #2. <br /> <br />Well #6 Construction Fund - this fund accounts for activities relating to the construction of Well # 6 and <br />well house. <br /> <br />Northpointe Improvements Fund - this fund accounts for activities relating to the construction of streets <br />and utilities within the Northpointe development. <br /> <br />Birch St/Centerville Rd Improvements Fund - this fund accounts for activities relating to the construction <br />of street improvements and sanitary sewer extension in conjunction with Fire Station #2. <br /> <br />Blackduck/Aqua Lane Watermain Extension Fund - this fund accounts for activities relating to the trunk <br />watermain improvements along Aqua Lane to north of Blackduck Drive. <br /> <br />Permanent Funds <br />Permanent Funds are used to report resources that are legally restricted to the extent that only earnings, and not <br />principal, may be used for purposes that support the City’s programs. The City maintained the following <br />nonmajor Permanent Fund during the year. <br /> <br />Foxborough Environment Fund - established to account for the use of funds received for environmental <br />maintenance and improvements in the Foxborough area. <br />
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