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HomeMy WebLinkAboutCity Council Resolution 1995-526City of Plymouth 3400 Plymouth Boulevard Plymouth, Minnesota Res. No. 93 - 526 WHEREAS, in May 1995 Plymouth voters approved the issue tie of $2,235,000 in general obligation bonds to acquire various open space areas throughout Plymouth, and the use of $1,000.000 in other city funds to construct additional trails; and WHEREAS, the Community improvement Fund is the recommended source of funding for the $1,000,000 of trail construction approved by voters; and WHEREAS, all the requirements of City Code Section 321 pertaining to expenditures from the Community Improvement Fund have been iaet, and a public hearing held on September 5 on the trail project and the Community Improvement Fund as funding source; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Plymouth, Minnesota that the Com.nunity Improvement Fund is designated as the funding source for $1,000,000 for trail construction. Adopted by the City Council on September 5, 1995.