HomeMy WebLinkAbout1979-239 CCRMember Bill Fignar introduced the following resolution
and moved its adoption:
RESOLUTION NO. 79 -239
RESOLUTION TO APPROPRIATE $70,000 IN THE CAPITAL PROJECTS
FUND FOR THE SHINGLE CREEK RELOCATION PROJECT
WHEREAS, the Capital Projects Fund was created to provide funds,
and to 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; and
WHEREAS, the sources of revenue for said Capital Projects Fund
consists 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 Council has approved the Shingle Creek Relocation
Project, also known as Engineering Project No. 78 -40, and has committed City
funds in the amount of $70,000 to the project; and
WHEREAS, funds are available in the Capital Projects Fund in the
amount of at least $70,000.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center to appropriate the amount of $70,000 in the Capital Projects
Fund for the Shingle Creek Relocation Project.
October 15, 1979
Date May
ATTEST:
Clerk
The motion for the adoption of the foregoing resolution was duly seconded by
member Tony Kuefler and upon vote being taken thereon, the following
voted in favor thereof: Dean Nyquist, Tony Kuefler, Bill Fignar, Gene Lhotka,
and Celia Scott;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.