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COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br />Resolution # 21-____ <br />A RESOLUTION TO ALLOW STAFF TO CLOSE FUNDS AND TRANSFER BALANCES <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE, MINNESOTA <br />WHEREAS, all outstanding bonds from Funds 348 and 349 have been redeemed and all activities in Fund 414 <br />have ceased; and <br />WHEREAS, City Council desired to close these funds; and <br />WHEREAS, it is advantageous to rebuild the fund balance in the 452-Street Capital Fund after the Downtown <br />Street Reconstruction project, <br /> <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Centerville, County of Anoka, <br />State of Minnesota, the City Administrator is authorized to close Funds 348, 349, and 414 and transfer the <br />remaining balance to Fund 452. <br /> <br />Passed and Adopted by the City of Centerville this 13th day of January, 2021. <br /> <br /> ________________________________________ <br /> Mayor, D. Love <br />_________________________________ <br />City Clerk, Teresa Bender <br /> <br />