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HomeMy WebLinkAbout1977-045 CCR Member Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION NO. 77 -45 RESOLUTION TO ASSIGN THE PROCEEDS OF THE SALE OF REAL PROPERTY OWNED BY THE CITY WHEREAS, the City Council, by the adoption of Ordinance No. 76 -13, authorized the conveyance of real estate from the City of Brooklyn Center to Laverne E. Linder in consideration of the sum of $9,276.82; and WHEREAS, Section 12.05 of the Brooklyn Center City Charter does direct that the proceeds of any sale of City real property shall be used as far as possible to retire any outstanding indebtedness incurred by the City in the purchase, construction, or improvement of this or other property used for the same public purpose, or, if no such outstanding indebtedness exists, for some other public use; and WHEREAS, the City of Brooklyn Center did issue bonds in 1969 to finance the acquisition of the Civic Center, municipal service buildings and the acquisition and betterment of parks and playgrounds; and WHEREAS, an indebtedness exists in the 1969 Building and Improvement Debt Retirement Fund for said acquisitions: BE IT THEREFORE RESOLVED by the City Council of the City of Brooklyn Center to direct the City Treasurer to assign the amount of $9,276.82 to the 1969 Building and Improvement Debt Retirement Fund to be used towards retiring the debt. March 14, 1977 Date Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Bill Fignar and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Tony Kuefler, Bill Fignar,and Gene Lhotka; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.