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CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 22-085 <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 the proposed uses of American Rescue Plan Act funding have been previously <br />approved and have been finalized or estimated in amount for 2022 and are being <br />transferred for the 2022 Stormwater improvements and Public Safety Capital <br />project items below: <br />• Foss Road Ditch restoration <br />• Alley Stone Water improvement <br />• Harding Pond 2022 Estimated Restoration costs <br />• Fire Engine Chassis <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 />From Fund <br />Amount <br />To Fund <br />Capital and Operating Transfers: <br />General Fund (101) <br />$86,300 <br />Severance Fund (901) <br />General Fund (101) <br />$140.000 <br />Capital Equipment (401) <br />Geneal Fund (101) <br />$152,000 <br />Park Imp Fund (501) <br />General Fund (101) <br />$170,474 <br />Community Center(601) <br />General Fund -ARPA Funds (101) <br />$300,921 <br />Capital Equipment (401) <br />General Fund - ARPA Funds (101) <br />$102,151 <br />2022 Street Improvement Fund (539) <br />General Fund -ARPA Funds (101) <br />$30,535 <br />Stormuater Fund (706) <br />Community Center (601) <br />$105,474 <br />Building Imp Fund (510) <br />Revoking Improvement Fund (509) <br />$90,000 <br />Capital Equipment (401) <br />Liquor(705) <br />$275,000 <br />General (101) <br />Walmart TIF Improvement (330) <br />$6,000 <br />General (101) <br />Cub TIF Improvement (326) <br />$6,000 <br />General (101) <br />Chandler TIF Improvement (321) <br />$3,000 <br />General (101) <br />Stonnviater Fund (706) <br />$59,752 <br />2021 Street Improvement Fund (535) <br />Public Utilities Capital Fund (450) <br />$8,320 <br />2022 Street Improvement Fund Mg) <br />Debt Service Transfers: <br />Walmart TIF Improvement (330) <br />$333,813 <br />2006 TIF Revenue Bond (335) <br />Walmart TIF Improvement (330) <br />$290,400 <br />2007 TIF Revenue Bond (336) <br />Road Infrastructure Fund (509) <br />$3,083 <br />2022A Street Imp Bond Fund (540) <br />Road Infrastructure Fund (509) <br />$4,988 <br />2021A Street Imp Bond Fund (538) <br />2019 Street Imp fund (531) <br />$15,000 <br />2019A Street Imp Bond Fund (532) <br />Capital Equipment (401) <br />$11,650 <br />Equipment Note Debt service (402) <br />Closing Transfers: <br />Pratt I Apache Bond Imp. Fund (345) <br />$86,870 <br />Debt Service fund prior to 200E (503) <br />Pratt I Apache Bond Imp. Fund (345) <br />$442,332 <br />Road Infrestructure Fund (509) <br />2019 Street Improvement Fund (531) <br />$53,102 <br />2019 Street Debt Service Fund (532) <br />2020 Street Improvement Fund (533) <br />$245,100 <br />2020 Street Debt Service Fund (534) <br />$3,022,265 <br />