HomeMy WebLinkAbout1997-055 CCR0
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adoption: Member gCk ken CO MDJ y introduced the following resolution and moved its
RESOLUTION NO. q77 --
RESOLUTION CLOSING THE DISEASED TREE REMOVAL FUND AND
TRANSFERRING ITS REMAINING ASSETS TO THE SPECIAL ASSESSMENT
CONSTRUCTION F TNTC
WHEREAS, Section 7.11 of the City Charter provides the City Council with the
authority to order the creation of such funds as may be needed to properly account for the
financial activities of the City; and
WHEREAS, Section 7.11 of the City Charter provides the City Council with full
authority to make transfers between all funds which may be created, provided that such transfers
are not inconsistent with the provisions of related covenants, the provisions of the City Charter,
or State Statutes; and
WHEREAS, there now exists the Diseased Tree Removal Fund which was established
in the 1970s to properly segregate the costs of Dutch Elm disease tree control activities; and
WHEREAS, the incidence of Dutch Elm disease has decreased and property owners
are contracting out their own tree removal costs, thereby eliminating the need for this fund; and
WHEREAS, there exists about $50,000 of cash and $6,000 of receivables in the
Diseased Tree Removal Fund at the end of 1996 which are available to be transferred to another
fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota, as follows:
1. That the classification of funds shall be amended to delete the Diseased Tree Removal
special revenue fund.
2. All remaining assets of the Diseased Tree Removal Fund, including interest through
December 31, 1996 when it is allocated, will be transferred to the Special Assessment
Construction Fund as of December 31, 1996.
3Iw►199-7
Date
Mayor
RESOLUTION No. 9'%_65'"
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ATTEST: wnt�
vv�nxl
City Clerk
The tion for the ado tion of
Ra�,moI- Peppe P the foregoing resolution was dulyseconded b
thereof: , and upon vote being taken thereon, y member
ihyrna �n� res , the following voted in favor
and the following �a�h �e
g voted against the s �arrrmd� �i4y 1gSrnan�same: None -
whereupon
a P�
whereupon said resolution was declared duly passed and
adopted.
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