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HomeMy WebLinkAbout2000-144 CCRMember Ed Nelson introduced the following resolution and moved its adoption: RESOLUTION NO. 2000-144 RESOLUTION APPROVING CHANGE ORDER NO. 1, IMPROVEMENT PROJECT NOS. 2000-07, PALMER LAKE CIRCLE STREET IMPROVEMENT. WHEREAS, the City Council by Resolution 2000-141 on August 14, 2000, found a petition for the improvements adequate and ordered said improvements subject to approval of a change order affecting the improvements; and WHEREAS, the City reasonably expects to reimburse itself for such expenditures from the proceeds of taxable or tax-exempt bonds, the debt service of which is expected to be paid from property taxes, special assessments or utility fees. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: Change Order No. 1 is hereby approved in the amount of $10,753.80. 2. Project costs and revenues are hereby amended to be as follows: Costs As Per Cb=cre Order Construction $ 10,753.80 Contingency (5 $ 537.69 Admin., Legal, Overhead $ 8,938.51 Subtotal Estimated Costs $ 20,230.00 Revenues Special Assessments Const. Fund $ 20,230.00 3. This resolution is intended to constitute official intent to issue taxable or tax-exempt reimbursement bonds for purposes of Treasury Regulation 1.105-2 and any successor law regulation, or ruling. This resolution shall be modified to the extent required or permitted by Treasury Regulation 1.105-2 or any successor law regulation or ruling. August 28, 2000 Date ATTEST: City Clerk Mayora The motion for the adoption of the foregoing resolution was duly seconded by member Debra Hilstrom and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.