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<br /> �b. - C ITY of ORONO
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<br /> '�' RESOLUTION OF THE CITY COUNCIL
<br /> �L`9kE p4�'G NO. .e� � � 1
<br /> � SH
<br /> A RESOLUTION TO AMEND THE ,
<br /> 1996 DEBT SERVICE BUDGET
<br /> BE IT RESOLVED, by the City Council of�the City of Orono,
<br /> County of Hennepin, Minnesota that the 1996 Debt Service budget
<br /> adopted by Resolution #3648 on December 11, 1995 is hereby amended
<br /> to be as fol7.ows :
<br /> 1982 1995
<br /> Im�rove Refunding
<br /> Estimated Revenues Bonds Bonds
<br /> Taxes $ 4, 500 $46, 000
<br /> Special Assessments - - 16, 690
<br /> Interest Income 2, 000 14, 550
<br /> Use of Fund Balance 14 , 186 � - -
<br /> TOTAL Revenues � 20 , 686 $77 , 240
<br /> Approi�riated Expenditure
<br /> • Debt Service $ 20, 506 $46, 070
<br /> Other 180 1 , 330
<br /> TOTAL Expenditures $ 20 , 686 $�7 . 400 �
<br /> 1991
<br /> 1989 Public Facil :19°2
<br /> Revenue Revenue Improve
<br /> Estimated Revenues Bonds Bonds Bonds
<br /> Taxes $ 90, 000 $228,400 $ 24, 000 �
<br /> Special Assessments 73 , 980 - - 103 , 755
<br /> Intergovernmental - - 35, �?42 -
<br /> Interest Income - - 24, 515 43 , 000
<br /> Sewer Operations 34 , 806 - - - -
<br /> Transfers From Other Funds - - 130, 000 - -
<br /> Bond Proceeds Held in Escrow 1, 550 , 000 - - - -
<br /> Use of Fund Balance 106 , 870 - - 15 . 130
<br /> TOTAL Revenues $1, 855 , 656 $418 , 357 $185 , 8£35
<br /> ApAropriated Ex�enditure
<br /> Debt Service $303 , 031 $404, 515 $183 , 145
<br /> Called Londs . 1, 550, 000 . - - - -
<br /> Other 2 , 625 - - 2 , 740
<br /> TOTAL Expenditures $1 855 , 656 $404 , 515 $185 , 885
<br /> Adopted by the City Council of the City of Oronc, Minnesota at
<br /> a regular meeting held February 12, 19 6 . � � 1
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<br /> • A TEST.: :�_ �J � ,� /,�"'.
<br /> • E�ward J. �f al la an, Jr.. /iMayor
<br /> e=/�v( •
<br /> 0 othy M. allin, City Clerk lZO'95.2
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