HomeMy WebLinkAboutCity Council Resolution 1988-133CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a special meeting of the
City Council of the City of Plymouth, Minnesota was held on the 22nd day
of February 1988. The following were present:
Mayor Schneider, Councilmembers Vasiliou, Ricker, Zitur and Sisk
The following members were absent: None
Councilmember Ricker introduced the following Resolution and moved its
adoption.
RESOLUTION NO. 88-133
APPROVING THE CLOSING OF PROJECTS AND TRANSFER OF
REMAINING CONSTRUCTION FUNDS TO CORRESPONDING DEBT SERVICE FUNDS
WHEREAS, the City of Plymouth has authorized the construction of various
projects, and
WHEREAS, bonds have been sold to finance these projects, and
WHEREAS, it is sound financial management to transfer the remaining
construction funds to the respective debt service funds for projects that are
completed;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA that Project #'s 129, 216, 225, 304, 324, 503, 504, 505,
509, 534, 604, 616, and 661 be closed and all remaining construction funds be
transferred to the corresponding Debt Service Funds.
The motion for the adoption of the foregoing Resolution was duly seconded by
t'onneilmemh r Zitur and upon vote being taken thereon, the following
voted in favor thereof: M yor Schneider, Councilmemhers Vasiliou, Ricker,
Zitur and Sisk
The following voted against or abstained: Nnne
Whereupon the Resolution was declared duly passed and adopted.