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File #: R-25-425    Version: 1 Name:
Type: Resolution Status: Passed
File created: 12/26/2025 In control: Mayor and Council of Princeton
On agenda: 12/29/2025 Final action: 12/29/2025
Title: Resolution of the Mayor and Council of Princeton Authorizing Cancellation of Capital Ordinances for General Capital Fund Improvements
Attachments: 1. capital ord to cancel 2025.pdf

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Resolution of the Mayor and Council of Princeton Authorizing Cancellation of Capital Ordinances for General Capital Fund Improvements

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WHEREAS, certain General Capital Improvement appropriation balances remain dedicated to projects now completed; and

WHEREAS,
it is necessary to formally cancel said balances so that the unexpended debt authorizations may be cancelled against Deferred Charges to Future Taxation - Unfunded $683,663.51 in General Capital Fund, $144,550.00 in Open Space Fund, $18,904.50 in Capital Fund Balance & $9,989.21 in Sewer Trust Fund;

 

NOW, THEREFORE, BE IT RESOLVED, by the Mayor & Council of Princeton that the attached list of unexpended and dedicated balances of General Capital Appropriations be cancelled.