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Agenda of the Regular Meeting of Council <br />Monday, December 15, 2014 <br />Page 3 <br /> <br />- Bond Retirement and TIF Transfers <br />Motion to authorize transfer from the: <br />^ General Fund to the General Bond Retirement Fund to cover current <br />and future debt ,payments not funded by T.I.F., Special Assessment <br />and Property Tax Revenue the sum of Nine Hundred Thousand <br />Dollars ($900,000). <br />^ North Commons T.I.F. Fund to the General Bond Retirement Fund to <br />offset debt payments the sum of Eight Hundred Seventy Four <br />Thousand Three Hundred Eighty Seven Dollars and Twenty-Two <br />Cents ($874,387.22). <br />^ Governor's Village T.I.F. Fund to the General Bond Retirement Fund <br />to offset debt payments the sum of Seventy-Eight Thousand Nine <br />Hundred Three Dollars and Ninety Cents ($78,903.90). <br />1 <br />^ Heinen's T.I.F. Fund to the General Bond Retirement Fund to offset <br />debt payments the sum of Sixteen Thousand Four Hundred Twenty <br />Nine Dollars and Four Cents ($16,429.04). <br />^ Skoda, Minotti T.I.F. Fund to the General Bond Retirement Fund to <br />offset debt payments the sum of Fourteen Thousand Two Hundred <br />Twenty Four Dollars and Two Cents ($14,224.02). <br />^ OMNI Hotel T.I.F. Fund to the General Bond Retirement Fund to <br />offset debt payments the sum of Seventy Four Thousand One <br />Hundred Fifty Three Dollars and Twenty-Three Cents ($74,153.23) <br />Motion to authorize transfer from the: <br />^ Police Pension Fund to the General Fund to offset pension costs the sum of <br />Fifty One Thousand Dollars ($51,000). <br />^ Police Operating Fund to the General Fund to offset operating expenses the <br />sum of Sixty Four Thousand Dollars ($64,000). <br />Motion to authorize transfer from the General Fund to the Community Room Fund <br />to cover the cost of future construction the sum of One Million Dollars ($1,000,000). <br /> <br />Motion to authorize transfer from the General Fund to the Civic Center Fund to <br />cover future capital needs the sum of One Hundred Thousand Dollars ($100,000). <br />Motion to authorize transfer from the General Fund to the Capital Improvement <br />Fund to cover the cost of entryway, lighting and sidewalk projects, the sum of Two <br />Hundred Thousand Dollars ($200,000). <br />