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97-1416Council File # PreseMed By: Referred To: Green Sheet # Committee: Date � � WHEREAS, the City Council Adopted by resolution, Council File No. 96-258, the $6,750,000 General Obligation z Street Improvement Refunding Bonds, Series 1996C ; and 3 a WHEREAS, resolu6on No. 96-258 establishes the creation of a"Special Sinking Fund AccounY' for fhe payment of s the 1996 Refunding Bonds. Two of the covenaMed contributions to this accouM are (1) "any moneys remaining in the s special sinking fund accounts of the Prior Bonds (Series 1985, 1986, 1987, 1988, 1989, 1990 Street Improvement � Bonds) after the funding of the 1996 Street Improvement Refunding Escrow AccounY' and (2) "collection of special a assessments which were, prior to the issuance of the Bonds, pledged to the payment of the Prior Bonds; and s io WHEREAS, that changes provided by this resolution accomplish the transfer of residual equity funds out of the i� Special Sinking Fund Account of the 1985 Prior Bonds, which will be placed in the 1996 Refunding Bonds, Special �z Sinking Fund Account.; a�d 13 �a WHEREAS, the Mayor, pursuant to sec. 10.07.04 of the city chacter, recommends ihe followirtg changes to the is 1997 budget: is Current Amended i� Budget Change Budget ia FINANCING PLAN: is Department of Financial Services zo Division Treasury z, GL 962 89250 9880 Fund Balance zz All Other Fund Financing 23 za SPENDING PLAN: zs DepartmeM of zs Division 0 0 0 332,706 0 332,706 z1 GL 962 89250 0536 Residual Equity Transfer Out 0 332,7D6 za All Other Fund Spending 0 0 Z9 0 332 706 � si RESOLVED, that the City Council approves these changes to the 1997 budget. 97 O 3/ 332,706 0 332,�06 332,706 0 332 706 sz aa sa — Requested by Department of: Office of Financial Services Adoption Certified by Council Secretary: B , � �-��_ Approved by Mayor. Date j Zl �i( 1�– 8y: �� ' � BY� Approval Recommended by Budget Director: oy. `��'i�-c.� M'� �� —� � Adopted by Council: Date n:wursvmma.o�.,"z�� a�a � / of Pinancial Services Martha Rantorowicz, 266-8836 �� 11J12/97 IWMB6tFOR TOTAL # OF SIGNATURE PAGES GREEN SHEET ovu�+�r n.ECrae �i S 97-iy�� No 60931 NNa11Wb ancouc� � CRYAiiOPIEY ❑ O1YCti11K � iERNCFSOW. � HMNCW.iFRVIACCT6 3 ..vontwe�xsr ` (CLIP ALL LOCATIONS FOR SIGNATURE) Budget resolution to move funds previously allocated to the 1985 Improvement Bonds (Highland Streetscape) to the 1996 G.O. Street Improvement Special Assessment Refunding Bonds. The 1996 Refunding Bonds were used to call the 1985 Bonds. PLP.NNING CAMMlSS10N CIB COMMITTEE CML SERVICE CAMMISSION RSONAL SERVICE fAN7RACi5 MUST ANSWER TNE FOLLOWING QUESRONS: Fks this persoNfimi ever wnrked untler a condad Mrthis departmeM? YES NO Has this P&�Nfiim e�et�been a cilY emDbYee7 YES NO Does this PersoNfiim poaaess a slax not nama�NG� bY anY currem aH emWoyee? YES NO Is Mis pereoNfirm a tarpeted v�vMoR VES NO Resolution CF No. 96-258 approved the issuance of the 1996 refunding bonds and at the same time, approvesl Che use of funds committed to the refunded�,bonds (1985, 1986, 1987, 1988, '1989, and 1990 Street Improvemernt Bonds) to the payment of the 1996 refunding bonds. _: ► Budgeting in accordance with bond covenants. 715qDVANTAGES IF APPROVED NONE )ISADVANTAGES IF NOT APPROVED Violation of bond covenants. . �OTALAMOUNT OFTRANSACTIONf -l1NDING SOURCE 7NANCW. MFORMATON (IXPWN) �'av�u �. $ I�J7 COSTrttEVENUE BUDCEfED (CIRCLE ON� ACTIVI7YNUMBER YES NO µ Council File # PreseMed By: Referred To: Green Sheet # Committee: Date � � WHEREAS, the City Council Adopted by resolution, Council File No. 96-258, the $6,750,000 General Obligation z Street Improvement Refunding Bonds, Series 1996C ; and 3 a WHEREAS, resolu6on No. 96-258 establishes the creation of a"Special Sinking Fund AccounY' for fhe payment of s the 1996 Refunding Bonds. Two of the covenaMed contributions to this accouM are (1) "any moneys remaining in the s special sinking fund accounts of the Prior Bonds (Series 1985, 1986, 1987, 1988, 1989, 1990 Street Improvement � Bonds) after the funding of the 1996 Street Improvement Refunding Escrow AccounY' and (2) "collection of special a assessments which were, prior to the issuance of the Bonds, pledged to the payment of the Prior Bonds; and s io WHEREAS, that changes provided by this resolution accomplish the transfer of residual equity funds out of the i� Special Sinking Fund Account of the 1985 Prior Bonds, which will be placed in the 1996 Refunding Bonds, Special �z Sinking Fund Account.; a�d 13 �a WHEREAS, the Mayor, pursuant to sec. 10.07.04 of the city chacter, recommends ihe followirtg changes to the is 1997 budget: is Current Amended i� Budget Change Budget ia FINANCING PLAN: is Department of Financial Services zo Division Treasury z, GL 962 89250 9880 Fund Balance zz All Other Fund Financing 23 za SPENDING PLAN: zs DepartmeM of zs Division 0 0 0 332,706 0 332,706 z1 GL 962 89250 0536 Residual Equity Transfer Out 0 332,7D6 za All Other Fund Spending 0 0 Z9 0 332 706 � si RESOLVED, that the City Council approves these changes to the 1997 budget. 97 O 3/ 332,706 0 332,�06 332,706 0 332 706 sz aa sa — Requested by Department of: Office of Financial Services Adoption Certified by Council Secretary: B , � �-��_ Approved by Mayor. Date j Zl �i( 1�– 8y: �� ' � BY� Approval Recommended by Budget Director: oy. `��'i�-c.� M'� �� —� � Adopted by Council: Date n:wursvmma.o�.,"z�� a�a � / of Pinancial Services Martha Rantorowicz, 266-8836 �� 11J12/97 IWMB6tFOR TOTAL # OF SIGNATURE PAGES GREEN SHEET ovu�+�r n.ECrae �i S 97-iy�� No 60931 NNa11Wb ancouc� � CRYAiiOPIEY ❑ O1YCti11K � iERNCFSOW. � HMNCW.iFRVIACCT6 3 ..vontwe�xsr ` (CLIP ALL LOCATIONS FOR SIGNATURE) Budget resolution to move funds previously allocated to the 1985 Improvement Bonds (Highland Streetscape) to the 1996 G.O. Street Improvement Special Assessment Refunding Bonds. The 1996 Refunding Bonds were used to call the 1985 Bonds. PLP.NNING CAMMlSS10N CIB COMMITTEE CML SERVICE CAMMISSION RSONAL SERVICE fAN7RACi5 MUST ANSWER TNE FOLLOWING QUESRONS: Fks this persoNfimi ever wnrked untler a condad Mrthis departmeM? YES NO Has this P&�Nfiim e�et�been a cilY emDbYee7 YES NO Does this PersoNfiim poaaess a slax not nama�NG� bY anY currem aH emWoyee? YES NO Is Mis pereoNfirm a tarpeted v�vMoR VES NO Resolution CF No. 96-258 approved the issuance of the 1996 refunding bonds and at the same time, approvesl Che use of funds committed to the refunded�,bonds (1985, 1986, 1987, 1988, '1989, and 1990 Street Improvemernt Bonds) to the payment of the 1996 refunding bonds. _: ► Budgeting in accordance with bond covenants. 715qDVANTAGES IF APPROVED NONE )ISADVANTAGES IF NOT APPROVED Violation of bond covenants. . �OTALAMOUNT OFTRANSACTIONf -l1NDING SOURCE 7NANCW. MFORMATON (IXPWN) �'av�u �. $ I�J7 COSTrttEVENUE BUDCEfED (CIRCLE ON� ACTIVI7YNUMBER YES NO µ Council File # PreseMed By: Referred To: Green Sheet # Committee: Date � � WHEREAS, the City Council Adopted by resolution, Council File No. 96-258, the $6,750,000 General Obligation z Street Improvement Refunding Bonds, Series 1996C ; and 3 a WHEREAS, resolu6on No. 96-258 establishes the creation of a"Special Sinking Fund AccounY' for fhe payment of s the 1996 Refunding Bonds. Two of the covenaMed contributions to this accouM are (1) "any moneys remaining in the s special sinking fund accounts of the Prior Bonds (Series 1985, 1986, 1987, 1988, 1989, 1990 Street Improvement � Bonds) after the funding of the 1996 Street Improvement Refunding Escrow AccounY' and (2) "collection of special a assessments which were, prior to the issuance of the Bonds, pledged to the payment of the Prior Bonds; and s io WHEREAS, that changes provided by this resolution accomplish the transfer of residual equity funds out of the i� Special Sinking Fund Account of the 1985 Prior Bonds, which will be placed in the 1996 Refunding Bonds, Special �z Sinking Fund Account.; a�d 13 �a WHEREAS, the Mayor, pursuant to sec. 10.07.04 of the city chacter, recommends ihe followirtg changes to the is 1997 budget: is Current Amended i� Budget Change Budget ia FINANCING PLAN: is Department of Financial Services zo Division Treasury z, GL 962 89250 9880 Fund Balance zz All Other Fund Financing 23 za SPENDING PLAN: zs DepartmeM of zs Division 0 0 0 332,706 0 332,706 z1 GL 962 89250 0536 Residual Equity Transfer Out 0 332,7D6 za All Other Fund Spending 0 0 Z9 0 332 706 � si RESOLVED, that the City Council approves these changes to the 1997 budget. 97 O 3/ 332,706 0 332,�06 332,706 0 332 706 sz aa sa — Requested by Department of: Office of Financial Services Adoption Certified by Council Secretary: B , � �-��_ Approved by Mayor. Date j Zl �i( 1�– 8y: �� ' � BY� Approval Recommended by Budget Director: oy. `��'i�-c.� M'� �� —� � Adopted by Council: Date n:wursvmma.o�.,"z�� a�a � / of Pinancial Services Martha Rantorowicz, 266-8836 �� 11J12/97 IWMB6tFOR TOTAL # OF SIGNATURE PAGES GREEN SHEET ovu�+�r n.ECrae �i S 97-iy�� No 60931 NNa11Wb ancouc� � CRYAiiOPIEY ❑ O1YCti11K � iERNCFSOW. � HMNCW.iFRVIACCT6 3 ..vontwe�xsr ` (CLIP ALL LOCATIONS FOR SIGNATURE) Budget resolution to move funds previously allocated to the 1985 Improvement Bonds (Highland Streetscape) to the 1996 G.O. Street Improvement Special Assessment Refunding Bonds. The 1996 Refunding Bonds were used to call the 1985 Bonds. PLP.NNING CAMMlSS10N CIB COMMITTEE CML SERVICE CAMMISSION RSONAL SERVICE fAN7RACi5 MUST ANSWER TNE FOLLOWING QUESRONS: Fks this persoNfimi ever wnrked untler a condad Mrthis departmeM? YES NO Has this P&�Nfiim e�et�been a cilY emDbYee7 YES NO Does this PersoNfiim poaaess a slax not nama�NG� bY anY currem aH emWoyee? YES NO Is Mis pereoNfirm a tarpeted v�vMoR VES NO Resolution CF No. 96-258 approved the issuance of the 1996 refunding bonds and at the same time, approvesl Che use of funds committed to the refunded�,bonds (1985, 1986, 1987, 1988, '1989, and 1990 Street Improvemernt Bonds) to the payment of the 1996 refunding bonds. _: ► Budgeting in accordance with bond covenants. 715qDVANTAGES IF APPROVED NONE )ISADVANTAGES IF NOT APPROVED Violation of bond covenants. . �OTALAMOUNT OFTRANSACTIONf -l1NDING SOURCE 7NANCW. MFORMATON (IXPWN) �'av�u �. $ I�J7 COSTrttEVENUE BUDCEfED (CIRCLE ON� ACTIVI7YNUMBER YES NO µ