Laserfiche WebLink
CITY OF LINO LAKES <br />RESOLUTION NO. 13-129 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE AREA AND <br />UNIT FUND TO THE 2012A G.O. IMPROVEMENT BOND DEBT SERVICE FUND <br />WHEREAS, <br />a portion of the 2012A bond issue refunded the original 1996A bond issue, and <br />WHEREAS <br />, the refunded portion of this bond issue was originally sold to finance 1996 <br />Construction Projects, and <br />WHEREAS <br />, resources of the Area and Unit Fund were pledged toward the retirement of the <br />1996A bond issue. <br />NOW, THEREFORE, BE IT RESOLVED <br />, that the following transfer be adopted: <br />IncreaseDecrease <br />Imp. & Refunding Bonds 2003A (324)$78,438.00 <br />Area and Unit Fund (406)$78,438.00 <br />Adopted by the Council of the City of Lino Lakes this 25thday of November, 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 />