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• <br />CITY COUNCIL <br />AGENDA ITEM IF <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE December 9, 2013 <br />TOPIC Resolution No. 13 -129 Authorizing 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 Simple Majority <br />BACKGROUND <br />A portion of the 2012A Debt Service Fund refunded the 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 No. 13 -129 authorizes the transfer of necessary funds from the Area and Unit Fund <br />for 2013 debt service needs. The amount of the transfer is $78,438.00. <br />RECOMMENDATION <br />Staff recommends that the City Council approve Resolution No. 13 -129. <br />• ATTACHMENTS <br />Resolution 13 -129. <br />• <br />