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Park Ridge · Public record

Paid-off bond fund closed into the Uptown TIF Fund

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You are reading edition 1, an earlier version of this page. Read the current edition.

On April 3, 2019 the City Council approved, on its consent agenda, closing a debt service fund after the final payment on its bonds, moving $26,700 of remaining balances into the Uptown TIF Fund. The staff memo calls the closure a non-cash accounting transaction. The consent vote was 7–0.

Documented status: Approved (recorded), Apr 3 2019. Evidence dated . Later outcomes require a later source.

What changed, and when did it take effect?

  1. · Approved · Recorded in minutes

    City Council approves closing the debt service fund

    Meeting date: Apr 3 2019. Agenda item VIII.K.4. (consent agenda): Approve closure of 2015B Debt Fund and related budget amendment. Item VI: the motion carried (7 to 0). Budget: $26,700 for an unstated scope.

    • p. 1 · Staff memo of Approve closure of 2015B Debt Fund and related budget amendment, City Council, Apr 3 2019. Open the quote and source.
    • p. 3 · Approved minutes of City Council minutes, 2019-04-03, City Council, Apr 3 2019. Open the quote and source.
    • p. 3 · Approved minutes of City Council minutes, 2019-04-03, City Council, Apr 3 2019. Open the quote and source.
    • p. 1 · Approved minutes of City Council minutes, 2019-04-03, City Council, Apr 3 2019. Open the quote and source.

What was requested, recommended, approved, contracted, reported paid and completed?

Amounts are read from the cited pages and added up by code. A recommendation, an award or an authorized amount does not establish that money was paid.

  • Budget · Apr 3, 2019

    $26,700

    An unstated scope

    • p. 1 · Staff memo of Approve closure of 2015B Debt Fund and related budget amendment, City Council, Apr 3 2019. Open the quote and source.

Contracts, payments and completion

No contract, payment or completion record is published for this item. Approval alone does not establish completion.

Which parcels, agencies, businesses and projects are explicitly connected?

Official identifiers and exhibit listings connect records. A name, an address or distance alone only suggests a connection.

No explicit connection is published for this item.

What remains unresolved?

  • Open

    This is a non-cash accounting transaction to officially remove the 2015B Debt Fund from the City’s books

    Confirm dates with the City before relying on them.

    • p. 1 · Staff memo of Approve closure of 2015B Debt Fund and related budget amendment, City Council, Apr 3 2019. Open the quote and source.

Open questions

No open question is recorded for this item.

What does the evidence suggest, and what would change it?

No conflicting records are published for this item.

Official source records

  1. Approve closure of 2015B Debt Fund and related budget amendment

    City Council, Apr 3 2019

  2. City Council minutes, 2019-04-03

    City Council, Apr 3 2019

Editions and corrections

Each published change is a new edition. Corrections say what changed and why.

  1. Edition 2(current)

    Edition 2: 2 revised.

  2. Edition 1(shown on this page)

    First edition.

Editorial responsibility: GroundSignal. Source review: . Independent research; not affiliated with a government agency.

Suggested citation: GroundSignal, “Paid-off bond fund closed into the Uptown TIF Fund,” sources reviewed 2026-09-24, source records listed on this page.

Initial permanent evidence page published September 10, 2026. Follow the dated evidence above for later additions and changes. A source-check date alone does not establish a government action or project outcome.