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HomeMy WebLinkAbout2019-093 CCRMember Ryan moved its adoption: introduced the following resolution and RESOLUTION NO. 2019-093 RESOLUTION ADOPTING AMENDMENTS TO THE CAPITAL IMPROVEMENTS FUNDING POLICY OF THE BROOKLYN CENTER CITY COUNCIL CODE OF POLICIES WHEREAS, the City Council of the City of Brooklyn Center adopted an amended Fund Balance and Classification Policy on November 27, 2017, that included the Capital Improvements Funding Policy, within the City Council Code of Policies; and WHEREAS, revisions to the Financial Policies Section 2.23 Fund Balance and Classification Policy have been reviewed by the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that Financial Policies Section 2.23 Fund Balance and Classification Policy attached hereto as Exhibit 1 be incorporated into the Code of Policies and hereby adopted. July 8, 2019 Date ATTEST: &&V6& City Clerk Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Lawrence -Anderson and upon vote being taken thereon, the following voted in favor thereof: Butler, Elliott, Graves Lawrence -Anderson, and Ryan and the following voted against the same: None whereupon said resolution was declared duly passed and adopted.