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NOW THEREFORE BE IT RESOLVED, that the Roseville City Council authorizes the <br />transfer of operation, maintenance and financial responsibilities of the Housing Funds 574 and <br />271 to the Housing and Redevelopment Authority in and for the City of Roseville as of June 16, <br />2003 for the total liabilities, fund balance and retained earnings in the amounts of 5610,275.59 <br />and 5427,373.35 respectively. <br />The motion for the adoption. of the foregoing resolution was duly seconded by Council <br />Member and upon vote being taken thereon, the following voted in favor: <br />and the following voted against: <br />WHEREUPON said resolution was declared duly passed and adopted. <br />\\Victoria\CommDev\HRA\Meeting Reports\cc resolution housing fund transfer.doc <br />2 <br />