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• <br />CITY OF LINO LAKES <br />RESOLUTION NO. 03-218 <br />RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM THE AREA AND <br />UNIT FUND TO THE 1996A G.O. IMPROVEMENT BOND DEBT SERVICE FUND <br />WHEREAS, The 1996A Bond Debt Service Fund has a deficit balance, and <br />WHEREAS, these bonds were originally sold to finance 1996 Construction Projects, and <br />WHEREAS, resources of the Area and Unit Fund were pledged toward the retirement of <br />the 1996A Bond issue. <br />NOW THEREFORE BE IT RESOLVED, that the following transfer be adopted: <br />Increase <br />Imp. Bonds 1996A (314) $276,656 <br />Area and Unit Fund (406) <br />Decrease <br />$276,656 <br />i Adopted by the City Council of Lino Lakes this 8th day of December, 2003. <br />pistr <br />Ann Blair, City Clerk <br />• <br />John Bergeson, Mayor <br />