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HomeMy WebLinkAbout1975-167 CCR Member Maurice Britts introduced the following resolution and moved its adoption: RESOLUTION NO. 75 -167 RESOLUTION AUTHORIZING FINAL DISBURSEMENT OF BROOKDALE GARDENS LAWSUIT SETTLEMENT MONIES WHEREAS, on September 9, 1974, the Brooklyn Center City Council adopted Resolution No. 74 -146, which increased the appro- priation of Storm Sewer and Corrective Site Improvement Project No. 1973 -38 by $1,700.00, and authorized said increased appropri- ation to be financed from the estimated interest earnings of the Investment Trust Fund, Brookdale Gardens Escrow Account; and WHEREAS, said Investment Trust Fund has earned a total of $1,796.59 on the unexpended balance of said deposit; and WHEREAS, the contractor for said project, Minn -Kota Excavating, Inc., was paid $308.07 of said interest monies for accomplishing additional work on said project; and WHEREAS, some corrective site improvement work for said project was accomplished by the City of Brooklyn Center Street Department amounting to $1,391.93; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that the City Treasurer is hereby authorized to transfer the amount of $1,391.93 from the Investment Trust Fund, Brookdale Gardens Escrow Account, to the General Fund for work accomplished by the Brooklyn Center Street Department. August 18, 1975 Date f Mayor ATTEST: `Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Maurice Britts and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Maurice Britts, Tony Kuefler, Bill Fignar and Robert Jensen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. i