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CITY OF ST. ANTHONY VILLAGE <br />A RESOLUTION APPROVING TRANSFERRING OF FUND TO THE 2007 STREET <br />RECONSTRUCTION PROJECT FUND <br />WHEREAS, the City Council approved the 2007 Street Reconstruction Project for the <br />amount of $4,450,000; and <br />WHEREAS, the anticipated costs of completion of the 2007 Street Reconstruction Project <br />is $4,630,000. A shortfall of $180,000; and <br />WHEREAS, the City of St. Anthony has the 2007 Water Treatment Plant Filter <br />Improvements were under budget by $150,000 and the Street Reconstruction <br />Account balance from previous projects of $38,000; and <br />WHEREAS, the sum of these two fund accounts expunge the $180,000 shortfall in the <br />2007 Street Reconstruction Project Fund. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Anthony <br />that: <br />1) .$188,652.24 be transferred to the 2007 Street Reconstruction Project Fund from <br />the following funds: <br />i. $ 38,652.24 from Fund #504 Street Reconstruction Fund. <br />ii. $150,000.00 from Fund #701 Utility Fund Water Treatment Plant <br />Improvements. <br />Adopted this 13th day of May, 2008. <br />ATTEST: <br />City Clerk <br />Reviewed for administration: <br />Mayor <br />City Manager <br />Z: ICoundl Mee(legsl2008105l3200811?e50'misfe,, hg offinid to the 2007 sn'ed.do, <br />19 <br />