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