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HomeMy WebLinkAbout1988-197 CCR1 1 Member Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 88 -197 RESOLUTION AUTHORIZING AN ADDITIONAL APPROPRIATION AND CLOSING THE PROJECT FOR THE CENTERBROOK GOLF COURSE WHEREAS, the City Council of the City of Brooklyn Center passed Resolution 68 -246 which established a Capital Projects Fund in order to provide financing for certain major, permanent facilities needed by the City; and WHEREAS, Resolutions 81 -209 and 81 -219 authorized the expenditure of $70,392 for the initial acquisition of land; and WHEREAS, Resolution 85 -114 authorized an appropriation of $600,000 from the fund balance of the Capital Projects Fund and a loan by the Capital Projects Fund of another $500,000 to finance the construction of the golf course; and WHEREAS, Resolution 86 -74 authorized increasing the loan to $1,100,000 to finance construction; and WHEREAS, construction has now been completed at a total cost of $1,786,408.75 which is $16,016.75 more than the appropriation; and WHEREAS, this overrun is attributable to unanticipated legal costs relating to obtaining clear title to land claimed by the MNDOT. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, that the Director of Finance is directed to close the books of accounts for the Centerbrook Golf Course project and that the final cost of the project is declared to be $1,786,408.75; and BE IT FURTHER RESOLVED to appropriate the sum of $16,017 to the Golf Courese Project from the fund balance of the Ca "cal Projects Fund December 5, 1988 Date ATTEST: Clerk Mayor' /C.) The motion for the adoption of the foregoing resolution was duly seconded by member Bill Hawes and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.