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i�� <br /> /� �� <br /> �_ � � <br /> •b. - CITY of ORONO <br /> __. ,� � <br /> �� G'� RESOWTION OF THE CITY COUNCIL <br /> ��SH.�4� � NO. ��� . <br /> A RESOLUTION TO CLOSE THE <br /> 1982 G.O. IMPROVEMENT BONDS DEBT SERVICE FUND TO THE <br /> WATER OPERATING AND SEWER OPERATING ENTERPRISE FUNDS <br /> WHEREAS,the 1982 G.O.Improvement Bonds Debt Service Fund was established <br /> to account for the payment of the said bonds principal, interest, and fiscal agent fees; and <br /> � WHEREAS,the final payment of bond principal and interest has been made,and the <br /> equity remaining in the Fund is no longer required; and <br /> WHEREAS,the City can designate the use of the remaining equity for any general <br /> purpose. <br /> NOW,THEREFORE BE IT RESOLVED,that the 1982 G.O. Improvement Bonds <br /> Debt Service Fund be closed and that the remaining equity be transferred to the Water and <br /> �--�� . <br /> Sewer Operating Enterprise Funds and allocated as follows: <br /> To the Water Operating Enterprise Fund- $22,500.00 <br /> To the Sewer Operating Enterprise Fund- $74,107.31 <br /> Adopted by the City Council of the City of Orono, Minnesota at a special meeting <br /> held December 18, 2000. <br /> ATTEST: <br /> G�2� � �/.��- <br /> Linda S.Vee, City Clerk Gabri Jabbour,Mayo <br /> � �VPWiN60\WPDOCS\TOh1�CIoseB?Dres.wpd <br />