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<br />117 <br />February 3, 1986 <br /> <br />Federal Reserve Bank (Marquette) <br /> <br />Federal Note <br />Federal Note <br />Federal Note <br /> <br />Due 11- 15-86 <br />Due 5-15-87 <br />Due 3-31-87 <br /> <br />1,380,000 <br />1,100,000 <br />780,000 <br /> <br />First National Bank Minneapolis (First National-Hastings) <br /> <br /> School Bond Due 2-1-87 40,000 <br /> Hospital Bond Due 2-1-88 50,000 <br />I G.O. Bond Due 2-1-89 50,000 <br />Public Imp. Bond Due 9-15-91 50,000 <br />G.O. Imp. Bond Due 2- 1-92 50,000 <br /> <br />Norwest Bank Minneapolis (Norwest Bank-Hastings <br /> <br />Dakota County Bond <br />U.S. Treasury Note <br />U.S. Treasury Note <br />Water Bond <br /> <br />Due 4-1-86 <br />Due 11-15-86 <br />Due 10-31-87 <br />Due 7-1-90 <br /> <br />75,000 <br />15,000 <br />1,000,000 <br />95,000 <br /> <br />Bank of America (Juran & Moody) <br /> <br />Franklin U.S. Securities Fund <br /> <br />Open <br /> <br />500,000 <br /> <br />Moved by Councilmember Plan, seconded by Councilmember Nesbitt <br />to approve the additional end of the year 1985 transfers: 7 Ayes; <br />Nayes, None. <br /> <br />TRANSFER OF FUNDS <br />1985 <br /> <br />Transfer to the I.B. 1973 Sinking Fund <br />Transfer $26,744.99 to the I.B. 1973 Sinking Fund from Debt Redemption <br />to close the account as the bond issue is paid off. We will be <br />receiving money from Green Acres as land is sold and this will go back <br />into the Debt Redemption Fund. <br /> <br />r Transfer $13,445.90 to the 10th Street Turnback Construction Fund to <br />I close the account from the Debt Redemption Fund. <br /> <br />Transfer the balance of $187,816.71 of the 1984 Construction Fund to <br />close the I.B. 1984 S~nkingFund.as the construction work is completed. <br /> <br />Transfer $11,925.85 from the 1984B Construction Fund (Ramsey/Tyler <br />project) to the LB. 1984B Sinking Fund as the construction work is <br />completed. <br /> <br />Budget Transfers <br /> <br />In the 1985 Budget money was put in the Contingency Fund for adjustments <br />in payroll, PERA, Social Security and insurance that had not been determined <br />at budget time. This is a request for approval to make the following <br />transfers as shown: <br /> <br />$40,243.00 Decrease the Contingency Fund Budget figure by this amount <br />and increase the following fund budgets: <br /> <br />,-- <br /> <br />Police <br />Fire <br />Parks <br />Arena <br />Street <br />Building <br />Finance <br />Engineering <br /> <br />$14,635 <br />5,783 <br />43 <br />4, 144 <br />5,673 <br />4,892 <br />2,646 <br />2,427 <br /> <br />Moved by Councilmember 'Trautmann, seconded by Councilmember Werner <br />to approve the applicatior forms for the transfer of Cable 'Cammllnication <br />Franchise with 20 copies of the application for the transfer of a <br />cable communication franchise to be submitted to the City of Hastings <br />and an additional statement being added regarding changes to the <br />office within the City of Hastings. 7 Ayes; Nayes, None. <br /> <br />FORMS FOR SALE OR <br />TRANSFER OF CABLE: <br />FRANCHISE <br />