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(KLZA)-- The Falls City Council Monday evening approved a resolution to transfer $320-thousand from the Capital Improvement Sinking Fund to the General Fund for the next Fiscal Year.
In addition, Council members approved an additional one-percent allowable growth rate for restricted funds as allowed by state law. That will allow the city to increase restricted funds by three-and-a-half percent.
In other business the Council approved use of approximately Three thousand dollars of HUD EDI Funds to be used on the new 33rd Street project as requested by Falls City Economic Development and Growth Enterprise.
The lone bid for demolition of a two-story house at 1613 Abbott Street owned by the City was approved. Frederick Brothers of Falls City will demolish the home at a cost of the City of $8,250.
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