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CITY OF LINO LAKES <br />RESOLUTION NO. 13-127 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE AREA AND <br />UNIT FUND TO THE 2005B G.O. IMPROVEMENT BOND DEBT SERVICE FUND <br />WHEREAS <br />, a portion the 2005B Bond issue refunded the original 1998A bond issue, and <br />WHEREAS <br />, these bonds were originally sold to finance 1997 and 1998 Construction Projects, and <br />WHEREAS <br />, resources of the Area and Unit Fundwere pledged toward the retirement of the <br />1998A Bond issue. <br />NOW, THEREFORE, BE IT RESOLVED <br />, that the following transfer be adopted: <br />IncreaseDecrease <br />Imp. Bonds 2005B (328)$347,600.00 <br />Area and Unit Fund (406)$347,600.00 <br />Adoptedby the Council of the City of Lino Lakes this 9thday of December, 2013. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_____________and was duly seconded by Council Member _____and upon vote being <br />taken thereon, the following voted in favor thereof: <br />The following voted against same: <br />____________________________ <br />Jeff Reinert, Mayor <br />ATTEST: <br />____________________________________ <br />Julianne Bartell, City Clerk <br /> <br />