HomeMy WebLinkAbout1988-078 CCR1
1
Member Celia Scott introduced the following resolution and moved
its adoption:
RESOLUTION NO. 88 -78
RESOLUTION APPROPRIATING PROCEEDS OF TH 252 RIGHT -OF -WAY CONDEMNATION AWARD
TO THE CAPITAL PROJECTS FUND
WHEREAS, The City of Brooklyn Center received a condemnation award, in
the amount of $188,130.03, for the Minnesota Department of Transportation taking
of Parcels 29 and 29A for TH 252 right -of -way; and
WHEREAS, the City Attorney's office has informed the City Council that
the period during which other parties can appeal the award has expired and that
the Council may now use the proceeds for public purposes; and
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 major capital outlays (which shall include, but
not be limited to, construction or acquisition of major permanent facilities
having a relatively long life); and or to reduce debt incurred for capital
outlays.
III NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of
Brooklyn Center to appropriate the proceeds of the condemnation award, in the
amount of $188,130.03, to the Capital Projects Fund to be placed in the
Unappropriated Fund Balance, to be held there until appropriated by the City
Council for a specific project.
May 23, 1988
Date
ATTEST:
Deputy ty Clerk
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, Celia Scott, Bill Hawes, and Rich Theis;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.