RES 26-43ver
City of Elk River
City Council
Resolution 26-43
A Resolution of the City Council of the City of Elk River Authorizing a Transfer
from the Government Building Fund to the 2020B CIP Refunding Debt Service
Fund
WHEREAS, The City Council authorized the issuance of the 2020B Capital Improvement
Refunding Bonds on November 2, 2020; and
WHEREAS, The bonds area general obligation of the city payable by a tax levy or other
sources; and
WHEREAS, The City Council has reviewed the request to transfer funds from the
Government Building fund for the debt service payments and consented to the following.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,
Minnesota, as follows: The transfer of $389,695 from the Government Building Fund to the
2020B CIP Refunding Debt Service Fund.
Passed and adopted this 6th day of July 2026.
ATTEST:
Justin unf d, City lerk