09/23/1995 Council Packet - Laserfiche WebLink

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COUNCIL MINUTES AUGUST 14, 1995 the cost of sealing unused wells. This program will reimburse the property owner 50% of the direct cost to seal a well with a maximum reimbursement of $2,000.00 per well. There is no reimbursement limit per property or owner, only per well. This item is for informational purposes only and no Council action is required. 1995 FINANCE ADJUSTMENTS, RANDY SCHUMACHER Mr. Schumacher explained that in the past, the City Council has approved fund transfers, fund closures and all other audit adjustments once at the end of the year. He recommended that the adjustments be approved by the Council on a more timely basis. Mr. Schumacher explained that all of the following are "house keeping" resolutions. Consideration of Resolution No. 95 - 95 Authorizing the Transfer of Funds from Tax Increment Financing District 1-1 and 1-2 to the General Fund - Council Member Kuether moved to adopt this resolution as presented. Council Member Elliott seconded the motion. Motion carried unanimously. Resolution No. 95 - 95 can be found at the end of these minutes. Consideration of Resolution No. 95 - 96 Authorizing the Closure and Transfer of Funds from the 1989B Certificates of Indebtedness to the Closed Bond Fund - Council Member Elliott moved to adopt this resolution as presented. Council Member Neal seconded the motion. Motion carried unanimously. Resolution No. 95 - 96 can be found at the end of these minutes. Consideration of Resolution No. 95 - 97 Authorizing the Closure and Transfer of Funds from the 1988A General Obligation Improvement Bonds to the Closed Bond Fund - Council Member Elliott moved to adopt this resolution as presented. Council Member Kuether seconded the motion. Motion carried unanimously. Resolution No. 9.5 - 97 can be found at the end of these minutes. Consideration of Resolution No. 95 - 98 Authorizing the Transfer of Funds from the Closed Bond Fund to the Escrow Fund - Council Member Bergeson moved to adopt this resolution as presented. Council Member Elliott seconded the motion. Motion carried unanimously. Resolution No. 95 - 98 can be found at the end of these minutes. Consideration of Resolution No. 95 - 99 Authorizing the Transfer of Funds to the Escrow Fund from the General Fund - Council Member Elliott moved to adopt this resolution as presented. Council Member Kuether seconded the motion. Motion carried unanimously. PAGE 20