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0 <br /> /�—� <br /> /� ��r <br /> � � � <br /> ��b. � CITY of ORONO <br /> � � � . <br /> � <br /> �� G'�' RESOLUTION OF THE CITY COUNCIL <br /> ��sKO4`� � NO. 4 � 1 3 <br /> A RESOLUTION TO CLOSE THE 1991 PUBLIC FACILITIES REVENUE BONDS <br /> DEBT SERVICE FUND TO TI-� 1998 PUBLIC FACILITIES REVENUE <br /> REFUNDING BONDS DEBT SERVICE FUND . <br /> WHEREAS,the 1991 Public Facilities Revenue Bonds Debt Service Fund was <br /> established to account for the payment of the said bonds principal, interest, and fiscal <br /> agent fees; and <br /> WHEREAS,the remaining outstanding bond principal and interest has been paid <br /> through the cross-over refunding bonds issued in 1998, and the equity remaining in the <br /> Fund is required to be transferred to the 1998 refunding bond fund; <br /> NOW, THEREFORE BE IT RESOLVED,that the.1991 Public Facilities <br /> Revenue Bonds Debt Service Fund be closed and that the remaining equity be transferred <br /> -• to the 1998 Public Facilities Revenue Refunding Bonds Debt Service Fund, effective <br /> December 31, 2001. <br /> � Adopted by the City Council of the City of Orono,Minnesota at a regular meeting <br /> held May 13, 2002. <br /> ATTEST: <br /> 1�Gy� �'' !/�C.� `, ' . <br /> , <br /> Linda S. Vee, City Clerk Barbara A. Peterson, Mayor . <br /> WP�Raolutions\Close9lHEtADebtFund Res.wpd <br /> • <br />