RES 13-083 Year End Transfers - Laserfiche WebLink

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CITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 13-083 A RESOLUTION AUTHORIZING TRANSFERS AND CLOSING OF SPECIFIED FUNDS WHEREAS, each year staff budgets certain operating and debt service transfers between funds; and WHEREAS, each year, staff evaluates existing funds and identifies those funds in which all activity has concluded and obligations have been satisfied; and WHEREAS, Capital Projects should be closed when all activity has concluded; any residual money and all assets should be transferred to the associated debt service fund or a capital project fund reserved for public projects and if a deficit exist, funding must be provided. NOW THEREFORE BE IT RESOLVED, that the City Council of the City of St. Anthony here approves the transfer of any funds noted, but subject to closing adjustments as needed: From Fund Transfers: General (101) Water Filtration (704) Water Filtration (704) Liquor (705) Liquor (705) Community Center (601) Liquor (705) MSA/Revolving Improvement Fund (509) Debt Service Transfers: Walmart TIF Improvement (330) Walmart TIF Improvement (330) Closing- Silver losingSilver Lake Road (360) 2011 Street Improvement (515) Street Improvement (504) * Cub TIF Improvement (326) From Fund Transfers: General (101) Water Filtration (704) k +PTTRif9 To Fund $ 70,150 Community Center (601) $ 50,000 General (101) $ 50,000 Capital Equipment (401) $ 305,800 General (101) $ 108,200 Capital Equipment (401) $ 145,000 Building Improvement (510) $ 25,000 Recycling (225) $ 90,000 Capital Equipment (401) $ 363,000 2006 TIF Revenue Bond (335) $ 319,700 2007 TIF Revenue Bond (336) $ 600 Silver Lake Road Bond (365) $ 82,000 2011 Street Improvement Bond (516) $ 194,000 Street Improvement D/S (503) $ 195,000 Cub TIF D/S (325) Amount To Fund $ 70,150 Community Center (601) $ 50,000 General (101)