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HomeMy WebLinkAbout1979-270 CCRMember Bill Fignar introduced the following resolution and moved its adoption: RESOLUTION NO. 79 -270 RESOLUTION TO APPROPRIATE $7,815 IN THE CAPITAL PROJECTS FUND AS THE CITY'S MATCHING FUNDS FOR THE CENTRAL PARK LAWCON PROJECT II 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 Central Park LAWCON Project II, and has committed the amount of $7,815 as the City's matching share for federal and state grants for the project; and WHEREAS, funds are available in the Capital Projects Fund in the amount of at least $7,815. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center to appropriate the amount of $7,815 in the Capital Projects Fund for the City's matching share of the Central Park LAWCON Project II. November 19, 1979 Date ATTEST: Clerk and Celia Scott and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. May The motion for the adoption of the foregoing resolution was duly seconded by member Gene Lhotka and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Tony Kuefler, Bill Fignar, Gene Lhotka,