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HomeMy WebLinkAboutCity Council Resolution 1990-117CITY OF PLIIKXnH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was held on the 8th day of February , 1990. The foil`�: Mayor Bergman, Councilmembers Hell�w Ricker, and Zitur The following members were absents Non, Councilmember Ricker _int rodcnoed the following Resolution and moved its adoptions . • i roti , • • r� �� �� �• , the City of Plymouth owns three water tOw m within the City, and WHEREAS, these water towers will require major refurbishing and repainting, and WHER M, funds are deemed necessary to finance these capital expenditures, and WFOREAS, it is sound financial mmmigment to reserve the funds totaling $200,000 within the Water Fund; NOW, , HG IT HEREBY RESMVED BY 2HE CITY comm or 7w CITY CP PLYlDITl'Ei, MIlW8Ot91 that the reserve in the amount of $200,000 be established within the Water Pond for the water tower refurbishing and repainting for the 1989 accounting year. The notion for the adoption of the foregoing Resolution was duly seconded by Councilmember Vasiliou and upon vote being tahen the following voted in favor thereof we Mayor Bergman, Councilmembers HelIii, Ricker, Vasiliou, an Zitur The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.