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HomeMy WebLinkAboutCity Council Resolution 1991-572CITY OF PLYMOLITH FUSUL CK NO. 91— 5 7 2 AUTHORIZING APPROPRIATION OF FUNDS FROM PROJECT ADMINISTRATION FUND AND DEPOSITING FUNDS WITH COURT FOR THE PURCHASE OF HENNEPIN COUNTY LIBRARY SITE WHEREAS, the City is required to deposit $600,000 with the Court for the quick take of the property for the library site; and WHEREAS, $400,000 has previously been appropriated within the Project Administration Fund for this purpose; and WHEREAS, the Project Administration Fund has adequate funds on hand for an additional appropriation of $200,000 for this purpose; and WHEREAS, an expenditure from the Project Administration Fund for the library site would be an appropriate expenditure for this Fund, NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the Finance Director is hereby authorized to deposit $600,000 with the Court for the quick take for the property for the library site, and furthermore, that an additional $200,000 be appropriated from the Project Administration Fund for this purpose. Adopted by the City Council on October 7, 1991