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HomeMy WebLinkAbout1988-093 Council Resolution• • • CITY OF LINO LAKES RESOLUTION NO. 93 - 88 RESOLUTION AUTHORIZING CITY CLERK TO CLOSE THE NORTH ROAD CONSTRUCTION FUND TO THE TEMPORARY BOND FUND OF 1987 WHEREAS: There exists a balance of $947.11 in the North Road Construction Fund (550- 49000 -06), and WHEREAS: The construction of the sanitary sewer, municipal water utilities and the upgrading of North Road is complete and all bills relating to the construction have been paid, NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES, MINNESOTA: That the balance of $947.11 be transferred to the Temporary Bond Fund of 1987 (513) for the reduction of the bond debt service and the City Clerk be authorized to close the North Road Construction Fund. Adopted by the Lino Lakes City Council 27th day of Decembe Marilyn G. Anderson, Clerk - Tresurer enjamin son, M.' or-