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CC PACKET 12082020
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CC PACKET 12082020
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12/3/2020 2:19:37 PM
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12/3/2020 2:12:00 PM
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CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 20-087 <br />A RESOLUTION AUTHORIZING TRANSFERS AND CLOSING OF SPECIFIED FUNDS <br />WHEREAS, each year staff budgets certain operating and debt service transfers between <br />funds; and <br />WHEREAS, each year, staff evaluates existing funds and identifies those funds in which all <br />activity has concluded and obligations have been satisfied; and <br />WHEREAS, Capital Projects should be closed when all activity has concluded; any residual <br />money and all assets should be transferred to the associated debt service fund or <br />a capital project fund reserved for public projects and if a deficit exist, funding <br />must be provided. <br />NOW THEREFORE BE IT RESOLVED, that the City Council of the City of St. Anthony here <br />approves the transfer of any funds noted, but subject to closing adjustments as needed: <br />13
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