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12/16/1996 Council Packet
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12/16/1996 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/16/1996
Council Meeting Type
Regular
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AGENDA ITEM SD through 5N <br />STAFF ORIGINATOR: Mary M. Vaske <br />DATE: December 12, 1996 <br />TOPIC: Several Resolutions adopting pertaining to <br />housekeeping items for 1996. <br />Each year, the Finance Department presents resolutions for various financial <br />corrections, reallocations and fund closures. The following resolutions include: <br />a: Delete special assessments on a holding pond on Sunset Road for $10,510. <br />b: Transfer General Fund dollars to the Capital Improvement Fund for purchase of <br />cable equipment in 1997 <br />c: Transfer Surface Water Management funds to the Escrow Fund for the Rice Lake <br />Estates Map Revision. <br />d: Authorize write off of uncollectable accounts receivable for $600. <br />e: Transfer 1996 Construction Fund funds to the Escrow Fund for Marshan Lake <br />Condominiums. <br />f: Transfer funds from TIF 1-1 to TIF 1-4 for prior years expenses that will not be <br />recouped. <br />g: Transfer funds from TIF 1-1 to various other funds for assessments per their <br />agreement. <br />h: Transfer funs from TIF 1-1 & 1-2 to the Economic Development Fund for EDA <br />Council salaries. <br />I: Transfer and close the 1990 and 1992 Certificates of Indebtedness Funds to the <br />Closed Bond Fund. <br />j: Transfer and close the 1994 G.O. Temp Bonds from the Area and Unit Fund. <br />1. Adopt Resolutions 96-161 through 96-168 and 96-173, 96:174 and 96-177 <br />Reject any of the resolutions as presented. <br />
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