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HomeMy WebLinkAboutCity Council Resolution 1977-487Pursuant to due call and the City Council of the i 6th day of Septe present :i d The following members wee !!! CITY OF PLYNDtnH .ce thereof, a. special meeting of of Plymouth,umM' esota was a on the , 19 77. The following members were Cogncilman Neils introduced the following Resolution and moved its ion: RESOLUTION NO. 77-487 AUTHORIZING APPROPRIATION OF FUNDS TO FINANCE CITY HALL (PROJECT NO. 615) WHEREAS, this Council has previously authorized the preparation of plans and specifica- tions and the solicitation of bids for a new City Hall; and WHEREAS, bids were received on August 25, 1977 for this project and bids were less than the architect's estimate; and WHEREAS, this Council has awarded bids for the construction of the City Hall; and WHEREAS, the City Manager, in his report dated September 1, 1977, reported on the costs of the City Hall along with financing recommendations; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the City Manager's recommendations, as contained in his report dated September 1, 1977, and specifically Exhibits B and C thereto outlining the proposed financing and cash flow projections for the City Hall and the same is hereby adopted. BE IT FURTHER RESOLVED that the following appropriation be made to finance the City Hall (Project No. 615), as recommended by the City Manager, and as required based upon the cash flow projections in his report: Fund General Fund Revenue Sharing Fund Utility Trunk Fund Water Fund MSA Fund Account 101-000-390 203-000-390 811-000-390 501-000-390 402-000-390 Total to be transferred to Construction Fund 401-000-330.09 Amount $ 719,160 184,837 501,653 175,000 119,200 $1,699,850 $1,699,850 The motion for the adoption of the foregoing Resolution was duly seconded byr", and upon vote being taken thereon, the fol�iwin8 vote avr thereof: Mayor Hilde, Councilmen Hunt, Neils and Spaeth ane zoliowsng votea against or abstained: Whereupon the Resolution was declared duly