HomeMy WebLinkAbout2014-020 CCR Member Lin Myszkowski introduced the following resolution and
moved its adoption:
RESOLUTION NO. 2014-20
RESOLUTION APPROVING TRANSFERS TO THE CAPITAL PROJECTS
FUND
WHEREAS, the City Council of the City of Brooklyn Center has adopted the
2014-2028 Capital Improvements Program following review and discussion by the City Council;
and
WHEREAS, the City Council has reviewed and discussed available
uncommitted fund balances as a source of funding for Capital Projects; and
WHEREAS, the 2003A General Obligation Improvement Bonds and the 2004A
General Obligation Police & Fire Refunding Bonds are retired and the funds should be closed
and all remaining balances of these funds transferred to the Capital Projects Fund; and
WHEREAS, the following transfers of funds have been identified for the
purpose of providing funding for Capital Projects:
From To Amount
General Fund Capital Projects $995,494
Liquor Fund Capital Projects 266,898
2003A Improvement Debt Service Fund I Capital Projects 958,145
2004A Refinance Debt Service Fund Capital Projects 1,170,284
Total $3,390,821
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center that the transfers identified in this resolution are hereby adopted.
'219
January 13, 2014
Date Mayor
ATTEST:
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Kris Lawrence-Anderson
and upon vote being taken thereon,the following voted in favor thereof:
Tim Willson, Carol Kleven, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.