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City of Centerville <br />Res. #10 -0 <br />A RESOLUTION AUTHORIZING CLOSING FUND <br />WHEREAS, a certain debt service fund was established to account for revenue and <br />expenses related to debt service requirement for Hunters Crossing II, Improvement <br />Project, and <br />WHEREAS, all bonds and interest obligations have been paid and such fund is no longer <br />needed. <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF <br />CENTERVILLE, MINNESOTA: <br />The Council hereby authorizes closing of the following debt service fund and that <br />any balances be transferred to the General Fund. <br />Fund #346 - (Hunters Crossing II) cash balance of $12,011.84 plus special <br />assessments receivable of approximately $60,000.00 shall be closed into Fund <br />#100, General Fund. <br />Adopted by the City Council this 11th day of August, 2010. <br />Mary Capra, Mayor <br />Attest: <br />Teresa Bender, Clerk <br />24 <br />