Res 75 - 40 Transfer Funds to the 1970 Capital Outlay Debt Service Fund" City of Mendota Heights •
Dakota County, P�Iinnesota
RESOLUTIODI iJO. 7 5- 40
RESOLUTION TO TRANSFER FUNDS TO THE
1970 CAPITAL OUTLAY DEBT SERVICE FUND
WHEREAS, the City of Mendota Heights has expended monies from
, the 1970 Capital Outlay Debt Service Funds; and
� WHEREAS, the expenditures were in excess of the related tax
levy collected; and
WHEREAS, the debt service requirements have been fully and
properly met and therefore no future levy is planned;
NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of
the City of Mendota Heights, Dakota County, Minnesota, as follows:
That a transfer of funds, effective December 31, 1974,
totalling $376.97 be made from the General Fund to
the 1970 Capital Outlay Debt Service Fund to offset
the deficit that now exists in the said debt service
fund .
Adopted by the City Council of the City of Mendota Heights this
day of May, 1975.
CITY COUNCIL
CITY OF P�NDOTA HEI GHTS
B � �
Y
Donald L. Huber
Mayor
�