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CITY OF ST. ANTHONY VILLAGE 73 <br />RESOLUTION 11-016 <br />A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS <br />FROM THE STREET RECONSTRUCTION FUND #504 TO <br />THE 2008 SILVER LAKE ROAD PROJECT AND <br />THE 2009 ROAD IMPROVEMENT PROJECT <br />WHEREAS, the present fund balance for the 2008 Silver Lake Road Project equals $112,467.26 <br />WHEREAS, the anticipated final payment to Hennepin County for right-of-way purchases and <br />construction costs for the 2008 Silver Lake Road Project will total $150,667.93 <br />WHEREAS, the present fund balance for the 2009 Road Improvement Project equals $30,348.92 <br />WHEREAS, the anticipated final payment for construction for the 2009 Road Improvement Project <br />will total $56,640.71 <br />NOW, THEREFORE, BE 1T RESOLVED, that the City Council of the City of St. Anthony, Minnesota <br />authorize the following transfer of funds for the 2010 Fiscal/Budget Year. <br />1) Transfer from the Street Reconstruction Fund #504 to the 2008 Silver Lake Road Project <br />Fund in the amount of $38,200.67 <br />2) Transfer from the Street Reconstruction Fund #504 to the 2009 Road Improvement Project <br />Fund in the amount of $26,291.79 <br />Adopted this 11°i day of January, 2011. <br />ATTEST: <br />City Clerk <br />Reviewed for administration: <br />Mayor <br />City Manager <br />