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HomeMy WebLinkAboutCity Council Resolution 1985-815CITY of PUNOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota, was held on -`[E -e-77 day of October 1985 . The following members were present: Mayor Dayenpor—founcilmem Neils, Schneider, Crain and Vasiliou The following members were absent: none Councilmember Schneider introduced the following Resolution and moved its adoption: RESOLUTION NO. 85- 815 RESOLUTION AUTHORIZING THE EXECUTION OF A JOINT POWERS AGREEMENT WITH THE CITY OF SILVER BAY BE IT RESOLVED by the City Council of the City of Plymouth: 1. The City of Plymouth and the City of Silver Bay 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 Mayor and City Manager are authorized and directed to execute the agree- ment on behalf of the City. 4. The City Clerk is directed to transmit a certified copy of the resolution to the City Clerk of the City of Silver Bay. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Crain , and upon vote being taken thereon, t e following vote n favor thereof: ayor avenport, Councilmembers Neils, Schneider Crain and Vasiliou The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopt;