HomeMy WebLinkAbout1969-153 CCR 19T
Member John Leary introduced the following resolution
and moved its adoption:
RESOLUTION NO. 69 -153
RESOLUTION TO ASSIGN THE PROCEEDS FROM THE SALE
OF REAL ESTATE TO THE ANOKA HENNEPIN SCHOOL DISTRICT
TO VARIOUS CITY FUNDS
WHEREAS, the City of Brooklyn Center by Ordinance No. 69 -2 authorized
the conveying of real estate from the City of Brooklyn Center to the Anoka Hennepin
School District No. 11; and
WHEREAS, the City on April 1, 1969 received the sum of Fifty Thousand
Dollars ($50,000.00) in full payment for the real estate conveyed; and
WHEREAS, Section 12.05 of the City Charter states that "the proceeds
of any sale of such property shall be used so 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."
The Charter also states "If there is no such outstanding indebtedness, the
Council may by resolution designate some other public use for the proceeds. and
WHEREAS, there is no outstanding indebtedness against the property
conveyed nor against property used for the same purpose; and
WHEREAS, there are unpaid special assessments against the property
conveyed in the amount of 8,182.48; and
WHEREAS, there are certain expenses of sale and related relocation
expenses attributable to the conveyance of the property which have been
absorbed or will be absorbed in the near future by the City's General Fund; and
WHEREAS, the City Council established a Capital Projects Fund on
October 14, 1968 to provide funds and account for the expenditures of such
funds for major capital projects:
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Brooklyn Center that the proceeds of the sale of real estate to the Anoka-
Hennepin School District No. 11 be assigned in the following manner:
1. To Special Assessment Fund No. 14 the amount of $8,182.48
for unpaid special assessments against the property to be credited
to the following assessment levies:
Levy No. 2670 2,632.77
Levy No. 2672 2,660.00
Levy No. 2673 2,889.71
Resolution No. 69 -153
2. To the General Fund the amount of $3,163.20 for reimbursement
of expenses of sale and for estimated relocation expenses to be
credited to the following accounts:
Account No. 422 -32 Street Materials (estimated) $3,000.00
Account No. 406 -13 Legal prof. consult fees 163.20
3. To the Capital Projects Fund the amount of $38,654.32 to be
appropriated for authorized uses of the Fund.
4. Any residue of the $3,000.00 assigned to the General Fund
for estimated relocation expenses shall be transferred to the
Capital Projects Fund upon completion of t relocation.
April 7, 1969
Date` Mayor
ATTEST:
Clerk
The motion for the adoption of the foregoing resolution was duly seconded by
member Theodore Willard and upon vote being taken thereon, the
following voted in favor thereof: Philip Cohen, John Leary, Earl Rydberg,
Howard Heck and Theodore Willard;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.