HomeMy WebLinkAbout09-173 - ADMIN Resolution - City Council - 2009/12/210
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RESOLUTION NO. 09-173
RESOLUTION AUTHORIZING FUND EQUITY TRANSFERS
AND FUND CLOSINGS
WHEREAS, the City of St. Louis Park has created various special purpose funds; and
WHEREAS, some of those funds rely on transfers from the General Fund for their
continued operation; and
WHEREAS, certain funds are no longer necessary to the operation of the city;
NOW, THEREFORE, BE IT RESOLVED, by the St. Louis Park City Council:
1. Approval is hereby given to the Finance Manager to transfer the following sums of money
from the General Fund to the designated funds as shown.
Transferring Fund
Receiving Fund
Amount
General Fund
Capital Replacement Fund
$ 1,100,000
General Fund
Employee Flexible Spending
$ 300,000
2. Approval is hereby given to the Finance Manager to close the following funds as shown.
Fund Number
Name
3830
2001A GOTI Refunding Bonds*
3840
2002A GOTI Refunding Bonds*
3860
2005B GOTI Refunding Bonds*
6300
Equipment Replacement Fund
4805
Excelsior Blvd*
4020
Municipal Building Fund
4800
Oak Park Village*
6400
Technology Replacement Fund
5400
Wireless Fund
* Indicates an EDA Fund
Rev' bred for Administration:
Attest:
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City Clerk
Adopted by the City Council December 21, 2009