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RESOLUTION NO. 4184 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> A RESOLUTION CLOSING THE IMPROVEMENT BONDS OF 1981 AND THE <br /> ADVANCE REFUNDING BONDS OF 1976 FUNDS AND TRANSFERRING THE ASSETS <br /> OF THE FUNDS TO THE CITY HALL REMODELING FUND <br /> WHEREAS, the Improvement Bonds of 1981 Fund was established <br /> to account for the collection of special assessments levied in <br /> connection with the issuance of Improvement Bonds of 1981 and to <br /> account for the debt service on said bonds; and <br /> WHEREAS, the Advance Refunding Bonds of 1976 Fund was <br /> established to account for the collection of taxes and special <br /> assessments levied in connection with the issuance of the Advance <br /> Refunding Bonds of 1976 and to account for the debt service on <br /> said bonds; and <br /> WHEREAS, the final payments of principal and interest on <br /> the Improvement Bonds of 1981 and the Advance Refunding Bonds of <br /> 1976 were made during 1991; <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br /> Mounds View that it' s obligations to holders of the Improvement <br /> Bonds of 1981 and the Advance Refunding Bonds of 1976 have been <br /> satisfied as a result of making all payments of principal and <br /> interest pursuant to the bond indentures; <br /> BE IT FURTHER RESOLVED, by the Council of the City of Mounds <br /> View that the Finance Director - Treasurer is hereby directed to <br /> close the Improvement Bonds of 1981 Fund and the Advance <br /> Refunding Bonds of 1976 Fund and to transfer all assets of said <br /> Funds—to—the CityHall Impry e� ments F . <br /> Adopted this 10th day of February 1992 . <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> Clerk-Administrator <br />