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1993 Receipts, Res., Disb. & Minutes
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1993 Receipts, Res., Disb. & Minutes
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10/25/2006 8:30:07 AM
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<br />~ <br /> <br />Meeting Minutes - CC <br />Work Session - Long Term Finance <br />November 10, 1993 <br />page two <br /> <br />It was noted that the City does have funds coming in from the <br />defeased 1976 Sewer Bond and that $250,000 of excess sewer fund <br />monies were transferred into the General Fund in 1988. <br /> <br />It was the recommendation from Mr. Burgstahler, Carolyn Drude <br />(Financial Advisor) and staff that the City payoff the Center <br />Hills I and Center Hills II bonds at this time, as the <br />assessments are now all paid off and no further income (except <br />for interest) is expected for the Fund. <br /> <br />City staff will consult Ms. Drude with regard to what could be <br />anticipated if the 1987 Street Bond were to be refinanced. <br /> <br />Motion by Helmbrecht, second by Buckbee to adjourn the meeting, <br />motion carried unanimously_ Meeting adjourned at 6:40 p.m. <br /> <br />Respectfully submitted, <br /> <br />Tamara M. Miltz-Miller <br />Clerk/Administrator <br />
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