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CITY COUNCIL <br />AGENDA ITEM 1F <br />STAFF ORIGINATOR <br />Al Rolek <br />MEETING DATE <br />December 9, 2013 <br />TOPIC <br />Resolution No. 13-129Authorizing the Transfer of Funds from the <br />Area and Unit Fund to the 2012A G.O. Improvement Bond Debt <br />Service Fund <br />VOTE REQUIRED <br />Simple Majority <br />BACKGROUND <br />A portion of the 2012A Debt Service Fund refundedthe original 1996A bond issue. The 1996A <br />debt was to be retired using special assessments and resources of the Area and Unit Fund. <br />Resolution 13-129authorizes thetransfer ofnecessary funds from the Area and Unit Fund <br />No. <br />for 2013debt service needs.The amount of the transfer is $78,438.00. <br />RECOMMENDATION <br />Staff recommends that the City Council approve Resolution 13-129. <br />No. <br />ATTACHMENTS <br />Resolution 13-129. <br /> <br />