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02/13/1995 Council Packet
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02/13/1995 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
02/13/1995
Council Meeting Type
Regular
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COUNCIL MEETING JANUARY 23, 1995 <br />The Area and Unit Charge Fund has sufficient reserves to issue a <br />loan to finance the capital outlay. A special levy will pay for <br />these certificates in 1996 and 1997 and the levy proceeds will be <br />credited to the Area and Unit Fund. <br />Equipment to be funded by the 1995 Equipment Certificates of <br />Indebtedness include: <br />Line Striper $ 1,500.00 <br />Copier $ 6,800.00 <br />Two (2) Patrol Vehicles $35,010.00 <br />A Single Axle Dump Truck $71,270.00 <br />Fire Capital Outlay $61,000.00 <br />TOTAL $176,000.00 <br />Council Member Elliott moved to adopt Resolution No. 95 - 08 as <br />presented. Council Member Kuether seconded the motion. Motion <br />carried unanimously. <br />CONSIDERATION OF 1994 YEAR END AUDIT ADJUSTMENTS, RANDY <br />SCHUMACHER <br />Mr. Schumacher explained that the City Council has before them 12 <br />resolutions outlining several different types of fund transfers <br />and fund closures and assessment corrections. The transfers are <br />for housekeeping purposes and are to be effective December 31, <br />1994. These transfers are done annually for auditing purposes. <br />Resolution No. 95 - 09 Authorizing the Deletion of Deferred <br />Special Assessments from the Annual Audit from Various Funds <br />Council Member Elliott moved to adopt this resolution as <br />presented. Council Member Bergeson seconded the motion. Motion <br />carried unanimously. <br />Resolution No. 95 - 10 Authorizing the Transfer of Funds from Tax <br />Increment 1-1 and Tax Increment 1-2 to the General Fund - Council <br />Member Elliott moved to adopt this resolution as presented. <br />Council Member Bergeson seconded the motion. Motion carried <br />unanimously. <br />Resolution No. 95 - 11 Authorizing the Transfer of Monies from <br />the Tax Increment Fund 1-1 and Tax Increment Fund 1-2 to the <br />Economic Development Fund - Council Member Elliott moved to adopt <br />this resolution as presented. Council Member Kuether seconded <br />the motion. Motion carried unanimously. <br />Resolution No. 95 - 12 Authorizing the Transfer of Funds from the <br />Area and Unit Fund to the Temporary Improvement Bonds 1991A for <br />PAGE 17 <br />
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