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Res 74 - 37 Transfer of Roger's Lake Shore Addition & Curley's Valley View Street ImprovementsCITY OF MENDOTA HEIGHTS Dakota County, Minnesota RESOLUTION N0. 74-37 - RESOLUTION TO TRANSFER THE ROGER'S LAKE SHORE ADDITION AND CURLEY'S VALLEY VIEW STREET IMPROVEMENTS FUND'S EQUITY AND LIABILITIES TO THE ROGER'S T.AKF: SHORE ADDITION AND CURLEY'S VALLEY VIEW STREET DEBT SERVICE FUND WHEREAS, the Roger's Lake Shore Addition and Curley's Valley View Street Improvement was completed prior to December 31, 1972; and WHEREAS, the only remaining duties to be completed relative to this improvement are the collection and payment of Funds for debt service purposes; and WHEREAS, it is necessary to have a separate fund for debt service activities; ' NOW THEREFORE IT IS HEREBY RESOLVED by the City Council of the City of Mendota Heights, Dakota County, Minnesota, as follows: That effective January l, 1973 the Roger's Lake Shore Addition and Curley's Valley View Street Improvement Fund's equity and liabilities (on a cash basis) of ;($22,580.34) shall be transferred to the newly created R�ger!s Lake Shore Addition and Curley's Valley View Street Debt Service Fund which shall, after January 1, 1973, receive all collections from assessments related to the said improvement. Adopted by the City Council of the City of Mendota Heights this Seventh day of May , 1974. CITY COUNCIL CITY OF MENDOTA HEIGHTS By Donald L. Huber Mayor