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1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />City of Lino Lakes, Minnesota <br />Management Report, Page 28 <br />was completed and assessed in 1983. The fund is carrying a liability to MWCC for sewer <br />availability charges of $24,400. We recommend that the City remit this money to MWCC in <br />1984. <br />This project is complete at December 31, 1984. We recommend that this fund be <br />closed in 1984 to the Improvement Bonds of 1983 Debt Service Fund. Council authoriza- <br />tion is required to effect this closing. <br />Tomahawk Trail <br />The City began this project in 1984. The project is scheduled for completion in <br />1985. <br />This project was done without bonding. Smaller projects may not be cost effective <br />to bond for individually. Cash overdrafts caused by unbonded projects, however, can <br />disrupt the overall cash position of the City. We recommend that the City carefully <br />consider the effects of completing projects without funding sources. <br />Reiling Road <br />This project was financed by the Improvement Bonds of 1984. Construction is sche- <br />duled for completion in 1985. The fund deficit at December 31, 1984 was $2,189. We <br />recommend that the City eliminate this deficit in 1985 through: <br />• assessment prepayments. <br />• other City Council designated transfers. <br />Interim Construction <br />Currently, when the City incurs preliminary (feasibility) studies for projects, the <br />costs are coded to the General Fund. If the proposed project is subsequently approved, <br />the City researches past project costs which had been coded to the General Fund (i.e., <br />engineering, legal, planning, etc.). This is required to include all related project <br />costs in the eventual assessment roll. <br />