HomeMy WebLinkAbout1989-239 CCR1
(ICABLETV)
Member Celia Scott introduced the following resolution and
moved its adoption:
RESOLUTION NO. 89
RESOLUTION APPROPRIATING THE PROCEEDS OF THE CITY'S SHARE OF
THE CABLE TELEVISION SETTLEMENT TO THE CAPITAL PROJECTS FUND
WHEREAS, The City Council established the Capital Projects
Fund in 1968 by the adoption of Resolution No. 68 -246 to provide funds,
and account for the expenditure of such funds, for the major capital
outlays (which shall include, but not be limited to, construction or
acquisition of major permanent facilities) and or to reduce debt
incurred for capital outlays; and
WHEREAS, the Council did resolve that the sources of revenue
for the fund would consist of ad valorem taxation, transfers by the City
Council of surpluses of other City funds, issuance of bonds, interest
earnings of the fund, and from other sources of revenue which, from time
to time, the City Council deems to be available for transfer to the
fund; and
WHEREAS, the City of Brooklyn Center has received a settlement
of the franchise fee from the Northwest Suburbs Cable Communications
Commission in the amount of $234,238.49.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Brooklyn Center to appropriate the proceeds of the Cable Television
Settlement, in the amount of $234,238.49, to the Capital Projects Fund
Project No. 58 for cable television improvement to the City Hall.
December 18, 1989
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ATTEST: C�-
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Clerk
The motion for the adoption of the foregoing resolution was duly
seconded by member Todd Paulson and upon vote being taken
thereon, the following voted in favor thereof: Dean Nyquist,
Celia Scott, Todd Paulson, Jerry Pedlar, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.