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• <br />• <br />CITY OF LINO LAKES <br />RESOLUTION NO. 05-189 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE AREA AND <br />UNIT FUND TO THE 1998A G.O. IMPROVEMENT BOND DEBT SERVICE FUND <br />WHEREAS, The 1998A Bond Debt Service Fund has a deficit balance, and <br />WHEREAS, these bonds were originally sold to finance 1997 and 1998 Construction <br />Projects, and <br />WHEREAS, resources of the Area and Unit Fund were pledged toward the retirement of <br />the 1998A Bond issue. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be adopted: <br />Increase Decrease <br />Imp. Bonds 1998A (318) $375,000 <br />Area and Unit Fund (406) <br />$375,000 <br />Adopted by the City Council of Lino Lakes this 12th day of December, 2005. <br />Julianne Bartell, Ci y C k <br />