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RESOLUTION �� 773 <br /> • A RESOLUTION TO CLOSE OUT THE DUNWOODY SEWER <br /> CONSTRUCTION FUND TO THE P.I.R. FUND <br /> WHEREAS, the P.I.R. Fund provided $50,000 to <br /> establish the Dunwoody Construction 1971 LS-1 Fund on Feb- <br /> ruary 28, 1972, and <br /> WHEREAS, on September 25, 1972 Resolution �k460 <br /> provided for Special Assessments to be levied against the <br /> benefited properties, and . <br /> WHEREAS, on October 9, 1972 Resolution �k465 pro- <br /> vided for a General Tax Levy on the unassessed portion of <br /> Project 1971 LS-1, and <br /> WHEREAS, Resolution �k343, which established the <br /> P.I.R. Fund, provides that any P.I.R. Fund monies used to <br /> finance a construction project must be reimbursed. <br /> NOW, THEREFORE, BE IT RESOLVED, by the City <br /> • Council of the City of Orono, Minnesota: <br /> � 1. That the Dunwoody Sewer Construction Fund <br /> balance on March 31, 1977 of $31, 968. 18, be <br /> transferred to the P.I.R. Fund, and also, <br /> 2. �That all future monies collected on Special <br /> Assessment Levy ��5496 and General Tax Levy, <br /> as per Resolution ��465, be credited to the � <br /> P.I.R. Fund. <br /> Adopted by the City Council of the City of Orono, Minnesota <br /> at a regular meeting held April 25, 1977. <br /> � <br /> , <br /> William B. Van Nest, Mayor <br /> • Attest: <br /> al er R. son, Clerk-Administrator <br />