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Resolution 6158
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Resolution 6158
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10/26/2015 12:04:07 PM
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� o� <br /> O �!` O CITY of ORONO <br /> °�� <br /> � '�� ,=;;� � RESOLUTION OF THE CITY COUNCIL <br /> ��� '��s �,� No. 6 1 5 s <br /> `�kESHog'� <br /> A RESOLUTION TO CLOSE THE 2003 PUBLIC FACILITY REVENUE BOND DEBT <br /> SERVICE FUND <br /> WHEREAS,the 2003 Public Facility Revenue Bond 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 remaining outstanding bond principal and interest has been paid by the <br /> Series 2010A General Obligation Bonds; and <br /> WHEARAS,the equity remaining in the Fund is required for the debt service of the Series <br /> 2010A General Obligation Bonds; <br /> NOW, THEREFORE,BE IT RESOLVED that the 2003 Public Facility Revenue Bond <br /> Debt Service Fund be closed and that the remaining equity in the fund be transferred to the 2010 <br /> MSA/PMP/Refunding Bond Debt Service Fund. <br /> Adopted by the City Council of the City of Orono, Minnesota, at a regular meeting held <br /> July 23, 2012. <br /> ATTEST: <br /> ����2�r��• (/.� Q`'� . � �.. � <br /> Lin Vee, City Clerk Lili Tod McMillan, Mayor <br />
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