HomeMy WebLinkAboutCity Council Resolution 1991-129CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting
of the City Council of the City of Plymouth, Minnesota, was held
on the _4th day of March , 1921. The following members
were present: Mayor Bergman, Councilmembers Helliwell, Ricker--,-
The
icker,
The following members were absent:
Councilmember Zitur introduced the following Resolution
and moved its adoption:
RESOLUTION NO. 91-129
PERMANENT IMPROVEMENT REVOLVING FUND - TRANSFERS
WHEREAS, the City Council has previously established a Permanent
Improvement Revolving (PIR) fund for the purpose of providing
infrastructure maintenance, construction and replacement; and
WHEREAS, the initial planning for the PIR fund contemplated the
allocation of funds to assist in the financing of a public safety
building; and
WHEREAS, the City has recently selected the joint venture firm of
Polson/Trossen/Wright as architects for the public safety
building, the project cost of which is estimated to be
approximately $3,700,000; and
WHEREAS, the City Manager in his report has recommended that
funding for the public safety building be provided; and
WHEREAS, the City Council has met and reviewed the City Manager's
recommendations.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, MINNESOTA, that $3,700,000 be transferred from
the Permanent Improvement Revolving Fund <404-404-96500-017-000>
to the Construction Fund <401-000-50100-017-000>.
The motion for adoption of the foregoing Resolution was duly
seconded by Councilmember Ricker 'and upon
vote being taken thereon, the following voted in favor thereof:
The following voted against or abstained: None
Whereupon the Resolution was declared duly passed and adopted.