83-091 - 10-18 Closing 1976 Construction FundResolution 83-91
October 18, 1983
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION CLOSING 1976 CONSTRUCTION FUND AND
TRANSFERRING ASSETS TO THE DEBT REDEMPTION SINKING FUND
WHEREAS, the City of Golden Valley established the 1976 Construction Fund
to account for various improvement construction; and
WHEREAS, said improvements are completed;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley that the fund balance remaining in said 1976 Construction Fund is hereby
ordered transferred to the City's Debt Redemption Fund.
Rosemary T ors±n�,�
ATTEST:
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J y Na y, Deputy City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Mitchell and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Johnson, Mitchell, Stockman and Thorsen, and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Mayor and her signature attested by the Deputy
City Clerk.