HomeMy WebLinkAboutResolution 84-17RESOLUTION 84- 17
BEING A RESOLUTION AUTHORIZING A TEMPORARY INTERFUND LOAN FROM
THE LIQUOR FUND TO THE UNIVERSITY AVENUE TAX-INCREMENT FINANCING
PROJECT
BE 1T RESOLVED that the City Manager be authorized to provide for
a short-term loan from the Liquor Fund - Retained Earnings in an amount
not to exceed $370,000 at an interest rate of 11% for the University
Avenue Tax-Increment Financing Project Fund.
Passed this 12th day of March , 1984.
Offered By: Carlson
Seconded By: Hovland
Roll Call: Atl ayes
Anne Stu~lent, 'l~o~it
Bruc
Secretary