Loading...
91-27 e city of Chanhassen Carver and Hennepin Counties, Minnesota DATE: April 8. 1991 MOTION BY: Dimler RESOLUTION NO: 91-27 SECONDED BY: Workman A RESOLUTION APPROVING YEAR END CLOSINGS AND TRANSFERS WHEREAS, City staff has completed a year end review of the financial records of the city of Chanhassen and have prepared the attached Exhibit A of the proposed fund closings, transfers, budget adjustments, etc. - all being completed so as to conform with recognized financial standards; and WHEREAS, the City Council has reviewed the attached exhibit and finds that such conforms to the general policies of the city. NOW, THEREFORE, BE IT RESOLVED by the Chanhassen City Council that the attached Exhibit A is hereby approved by the Chanhassen City Council. e Passed and adopted by the Chanhassen City Council this 8th day of April, 1991. ATTEST: ~Q 0.-9/6 Don Ashworth, City Clerk/Manager YES NO ABSENT Chmiel Dimler Mason Winq Workman None None e e 1990 FUND CLOSINGS AND TRANSFERS Approximate B~ance Fund To Close Transfer To/From All assets/liabilities (Merge Funds) 402 Water Expansion 401 Sewer Expansion 200.00 308 TID #2 Bonds of 1983 467 Economic Development 700.00 312 TID Bonds of 1984 467 Economic Development . 16,000.00 -720,000.00 -101,000.00 -1,800.00 313 1986 Equipment Cert. 314 1987 Equipment Cert. 618 Downtown Improv. TID 628 Downtown Public Impr. 622 85-8 Lake Driv. East 415 MSA 627 Lake Lucy Road/Trunk 402 Water Expansion Watermain 88-25 -5,900.00 638 87-5 Church Road Sewer 640 88-2 Mwshta. Meadows 18,700.00 640 88-2 Mwshta. Meadows 320 Impr. Bonds of 1988 Sewer and Water e .00 904 Eric P. Canton (Eight Acre Woods) .00 905 Severin Peterson 100.00 914 Sun Ridge Court, Michael Neville 208 Administrative Trust 81,800.00 413 South Chan. Parks 410 Park Acq. & Dev. The amounts stated above relating to fund closings are approximated cash balances based on latest known figures. No significant changes in these amounts are anticipated. Naturally, any other assets or liabilities of'the funds would also be transferred to the designated "Transfer To" fund. - e 19!O 38,406,00 140,000.00 51,600.00 1991 1990/1991 TRANSFERS Ira nsfer To IL~~t~r tLOll 411 Lake Ann Park Exp, 410 Park Acq. & Dev, 412 Lake Susan Park 412 Lake Susan Park 410 Park Acq. & Dev. 460 HRA B.~f er~_n'y'~ Close Fund City Share LAWCON Grant Lake Susan Park HRA Share LAWCON Grant Lake Susan Park \ " CITY OF CHANHASSEN e 690 COULTER DRIVE. P.O. BOX 147. CHANHASSEN, MINNESOTA 55317 (612) 937.1900 . FAX (612) 937-5739 MEMORANDUM DATE: April 4, 1991 TO: Don Ashworth, City Manager FROM: Finance Department SUBJECT: Historic Preservation Trust Fund Transfers necessary to establish Historic Preservation Fund. I. Beginning balances (as of January 1, 1990). e fRNP 205 470 471 Pioneer Cemetery Old St. Hubert's Church Old Village Hall II. 1990 Activity 205-3670 Interment Fee 205-3801 Interest Earnings 470-3801 Interest Earnings 470-3803 Building Rental 470-4300 Fees for Servi~e 471-3801 Interest Earnings 471-4150 Maintenance Materials 471-4510 Repair & Maint. Bldg. 471-4320 utilities III. Other Funding Sources 460-2590 HRA (Land Sale) 460-3801 Interest (Accumulated) 460-3803 Building Rental IV. 1990 Expense Allocation 101-138-40xx (Personal Services : 50\ of Charlie Eiler) $26,361.56 $15,222.47 $50,535.97 Rev~!lue 200.00 2,196.61 306.85 5,467.97 ~~P~'ps~ 1,920.28 4,170.91 37.83 168.61 365.98 257,979.00 20,638.00 9,800.00* . 17,620.00 e V. Conclusion. The above transactions would effectively close Funds 205, 470, and 471 retroactively to January 1, 1990. *Future building/property rental should be dedicated to the Historic Preservation Trust Fund to insure continuity in funding.