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gO�O CITY OF ORONO <br /> RESOLUTION OF THE CITY COUNCIL <br /> 7054 <br /> � NO. <br /> `�kES ti O�t <br /> A RESOLUTION TO CLOSE THE POLICE CAPITAL PROJECTS FUND <br /> WHEREAS,the Police Capital Projects Fund was established to collect and spend <br /> resources for the City's police department remodel,the construction of the police garage, and the <br /> reconfiguration of the city hall front counter; and <br /> WHEREAS,the project was started in 2014 and completed in 2015; and <br /> WHEREAS,the expenditures related to the project have been paid in full; and <br /> WHEREAS,there are outstanding bonds that were sold to fund the project; <br /> NOW,THEREFORE,BE IT RESOLVED that the Police Capital Projects Fund be <br /> closed and that the remaining equity in the fund be transferred to 2014 Bond Debt Service Fund. <br /> Adopted by the City Council of the City of Orono, Minnesota, at a regular meeting held <br /> December 9, 2019. <br /> ATTEST: <br /> \--102(4)/ I <br /> Anna Carlson, City Clerk Dennis Walsh, Mayor <br />