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CITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 14-084 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 Annual Rent (101) Water Filtration (704) Water Filtration (704) Liquor (705) Liqu or (705) Community Center (601) Liquor (705) MSA/Revolving Im provement Fund (509) General Fund (101 ) Recycling Fund (225) Debt Service Transfers: Walmart TIF Improvement (330) Wal mart TIF Im provement (330) Closing: Si lver La ke Village (340) 2012 Street Improvement (517) Public Facilities Bond Fund (311) $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Amount To Fund 64,654 Community Center (601) 50,000 General (101) 50,000 Capital Equipment (401) 214,244 General (101) 108,200 Capital Equipment (401) 25,000 Building Improvement (510) 73,000 Building Im provement (510) 90,000 Capita l Equipment (401) 86,300 Severance Fund (901) 15,645 Utility Fund (701) 368,300 2006 TIF Revenue Bond (335) 700,400 2007 TIF Revenue Bond (336) 153,000 Silver Lake Village Bond (345) 8 ,000 2012 Street Improvement Bond (518) 1,767 PW/Fire Facility Reserve (312) * Annual Rent transferred decrea sed by $8,996 for 2011 Commu nity Center Util ity expense paid by General Fund. 33