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HomeMy WebLinkAboutRES 16-039 AUTHORIZING THE TRANSFER CLOSING THE STORMWATER IMPROVEMENT FUND AND ESTABLISHING THE STORMWATER UTILITY FUND EFFECTIVE 12/31/2015CITY OF ST. ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 16 -039 A RESOLUTION AUTHORIZING THE TRANSFER CLOSING THE STORMWATER IMPROVEMENT FUND AND ESTABLISHING THE STORMWATER UTILITY FUND EFFECTIVE 12/31/2015 WHEREAS, Improvement funds should be closed when activity has concluded; any residual money and all assets should be transferred to appropriate funds continuing like activity. NOW THEREFORE BE IT RESOLVED, that the City Council of the City of St. Anthony here approves the transfer of funds noted, but subject to closing adjustments as needed From Fund Stormwater Improvement Fund (702) Adopted this 26" day of April, 2016. Amount To Fund $65,000 Stormwater Utility Fund (706) Jerome O. Faust, Mayor ATTEST: Nic le Miller, City Clerk Reviewed for Administration: VQ � Mark Casey, City Manager