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35 <br />CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 13-083 <br />A RESOLUTION AUTIIORIZING 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 />From Fund <br />Transfers: <br />General Annual Rent (101) <br />Water Filtration (704) <br />Water Filtration (704) <br />Liquor (705) <br />Liquor (705) <br />Community Center (601) <br />General (101) <br />MSA/Revolving Improvement Fund (509) <br />Debt Service Transfers: <br />Walmart TIF Improvement (330) <br />Walmart TIF Improvement (330) <br />Closing: <br />Silver Lake Road (360) <br />2011 Street Improvement (515) <br />Street Improvement (504) <br />* Cub TIF Improvement (326) <br />Amount <br />To Fund <br />70,150 <br />Community Center (601) <br />50,000 <br />General (101) <br />50,000 <br />Capital Equipment (401) <br />330,800 <br />General (101) <br />108,200 <br />Capital Equipment (401) <br />145,000 <br />Building Improvement (510) <br />25,000 <br />Recycling (225) <br />90,000 <br />Capital Equipment (401) <br />363,000 <br />2006 TIF Revenue Bond (335) <br />319,700 <br />2007 TIF Revenue Bond (336) <br />$ 600 <br />Silver Lake Road Bond (365) <br />$ 82,000 <br />2011 Street Improvement Bond (516) <br />$ 194,000 <br />Street Improvement D/S (503) <br />$ 1.95,000 <br />Cub TIF D/S (325) <br />* Dual purpose D/S Transfer and Retiring Bond Fund <br />