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CC PACKET 09231997
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CC PACKET 09231997
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12/30/2015 6:35:10 PM
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12/30/2015 6:35:01 PM
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22
SP Folder Name
CC PACKETS 1994-1998
SP Name
CC PACKET 09231997
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generators the city currently owns would provide backup for resident ' s sump <br /> pumps when electrical, power is lost. These generators would be available <br /> from the city ' s fire department during heavy rains. The fire department <br /> would establish thru its Civil Defense unit a hot line telephone number <br /> for senior citizens and the physically challenged to call , if they need <br /> help either during a future flood or after the flood to clean up their <br /> property . <br /> 9 . Source of. funding . Funding would come from the following sources: <br /> a. City of St. Anthony <br /> 9( 1 ) . Amount in current sewer fund would be used. $249 , 745 at December <br /> 31 , 1996 . Revenue and interest will be approximately $55 , 000 in 1997 -and <br /> expenditures approximately $40 , 000 creating a balance at December 31 , 1997 <br /> of $265 , 000 . <br /> ( 2 ) . An interfund payable would be made transferring uncommitted funds <br /> from the General Fund for $50 ,.000 and from the Revolving Improvement Fund <br /> for $255 , 000 . Reimbursements to these funds would come each year from the <br /> yearly amount received from increasing the quarterly sewer fund charge . <br /> This would take two years to repay the interfund payable . <br /> ( 3 ) . Portion of current undesignated fund balances from other city <br /> funds would be transferred to the sewer fund . $25 , 500 would be transferred <br /> . from the General -Fund and $47 , 500 from the General Reserve Fund . <br /> (4) . An additional tax levy for the sewer fund would be included in the <br /> 10 budget and ,in future year ' s budgets . <br /> ( 5 ) . Increase to all residents and commercial property owners of the <br /> quarterly sewer fund charge effective January 1 , 1998. Yearly revenue from <br /> residents would increase by $39 , 000 and from commercial by $63 ,000 . This <br />
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