HomeMy WebLinkAbout1992-021 EDARCommissioner Philip Cohen
resolution and moved its adoption:
EDA RESOLUTION NO. 92 -21
introduced the following
RESOLUTION AMENDING THE 1992 ECONOMIC DEVELOPMENT AUTHORITY
BUDGET FOR THE DEBT SERVICE TRANSFER OF THE EARLE BROWN FARM
TAX INCREMENT FINANCING DISTRICT FUND
WHEREAS, the Economic Development Authority is closing out
the 1983 General Obligation Tax Increment Debt Service Fund and is
transferring the remaining funds in the amount of 191,898.06 to the
1985 General Obligation Tax Increment Debt Service Fund.
NOW, THEREFORE BE IT RESOLVED by the Economic Development
Authority of Brooklyn Center to amend the 1992 Earle Brown Farm Tax
Increment District Fund as follows:
Decrease appropriations for the following line item:
June 8, 1992
Debt Service Transfer $191,898.00
Date President, Pro tem
The motion for the ado of the forgoing resolution was duly seconded
by commissioner Celia adoption
and upon vote being taken thereon,
the following voted in favor thereof:
Celia Scott, Jerry Pedlar, Dave Rosene, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.