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Resolution 6924
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Resolution 6924
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12/11/2018 2:20:33 PM
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���0 CITY OF ORONO <br /> RESOLUTION OF THE CITY COUNCIL <br /> � � 6924 <br /> �� � No. <br /> G <br /> tqkFs HO��' <br /> A RESOLUTION TO CLOSE THE 2008 <br /> GO STREET RECONSTRUCTION BOND FUND <br /> WHEREAS,the 2008 GO Street Reconstruction Bond Fund Bond Fund was established <br /> to service the debt on the 2008 GO Street Reconstruction Bonds; and <br /> WHEREAS, the 2008 GO Street Reconstruction Bonds have been refunded and paid in <br /> full by the 2016 GO Refunding Bonds; and <br /> WHEREAS,the fund balance of the 2008 debt service fund is needed for the debt <br /> service of the 2016 GO Refunding Bonds; <br /> NOW,THEREFORE, BE IT RESOLVED that the 2008 GO Street Reconstruction <br /> Bond Fund be closed and that the remaining equity in the fund be transferred to 2016 GO <br /> Refunding Bond Fund. <br /> Adopted by the City Council of the City of Orono, Minnesota, at a regular meeting held <br /> December 10, 2018. <br /> ATTEST: <br /> � � <br /> « <br /> Anna Carlson, City Clerk Dennis Walsh, Mayor <br />
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