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HomeMy WebLinkAbout1987-217 CCR1 1 1 Member Celia Scott resolution and moved its adoption: RESOLUTION APPROVING ADJUSTMENTS TO THE 1987 BUDGET OF THE NORTH METRO CONVENTION AND TOURISM BUREAU WHEREAS, the City of Brooklyn Center has entered into an agreement with the North Metro Convention and Tourism Bureau; and WHEREAS, the agreement provides that "the budget may be modified without prior consent of the City Council, providing that any adjustments shall not be greater than ten percent of the amount indicated for that item as it appears in the budget and WHEREAS, the original 1987 budget was based on an average three percent tax income, and after the first six months of 1987 the budget was adjusted downward because of lower than expected income received; and WHEREAS, since that time, the tax income has risen sharply and made additional funds available; and WHEREAS, the adjustment of certain items of the budget to reflect the increased income is greater than ten percent of the amount indicated for those items as they appear in the budget; and WHEREAS, the Board of Directors of the North Metro Convention and Tourism Bureau, at its meeting of October 14, 1987, approved the attached budget; and WHEREAS, the adjusted budget reflects appropriate and needed changes in the various categories while maintaining the requirement that the Bureau not expend any sums beyond its revenues. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, requisite prior consent be given to the proposed adjusted bu of the North Metro Convention and Tourism Bureau. November 23, 1987 Date ATTEST: (r Clerk RESOLUTION NO. 87 -217 introduced the following Ma� 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.