HomeMy WebLinkAboutCity Council Resolution 1985-713CITY OFPLVNMTH
Pursuant to due call and notice thereof, a r:gular meeting of the City Council of
the City of Plymouth, Minnesota, was held on the 16th day of September 1985.
The following members were present: Mayor Davenport Councilmembers: Neils,
Vasiliou, Schneider and Crain
The following members were absent: none
Councilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 85-713
RESOLUTION AUTHORIZING THE EXECUTION OF A JOINT POWERS AGREEMENT
WITH THE CITY OF MINNETONKA
BE IT RESOLVED by the City Council of the City of Plymouth:
1. The City of Plymouth and the City of Minnetonka are desirous of entering into
a joint powers agreement pursuant to Minnesota Statutes, Section 474.18,
Subdivision 4 for the sharing of entitlement amounts of Industrial development
revenue bond financing. )
2. This Council has reviewed a proposed joint powers agreement between the Cities
for the purpose stated in Section 1, and finds that the execution of the
agreement is in the best financial interest of the City of Plymouth.
3. The Mavor and City Manager are authorized and directed to execute the
agreement on behalf of the City.
4. The City Clerk is directed to transmit a certified copy of the resolution to
the City Manager of the City of Minnetonka.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Crain , and upon vote being taken thereon, the
following voted In favor thereof: Mayor Davenport, Councilmembers: Neils, Vasiliou,
Schneider and Crain
ine following voted against or abstained: none
Whereupon the Resolution was declared duly passe an aopte