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HomeMy WebLinkAboutCity Council Resolution 1995-527• City of Plymouth 3400 Plymouth Boulevard Plymouth, Minnesota 55447 Res. No. 95 - 527 WHEREAS, in May 1995 Plymouth voters approved the issuance of $2,235,000 in general obligation bonds to acquire various open space area throughout Plymouth, and the use of $1,000,000 of other city funds to construct additional trails; and WHEREAS, the Community Improvement Fund is the designated funding source of $1,000,000 to construct the additional trails approved by voters; and WHEREAS, the 1995 - 1999 Capital Improvements Program for the City of Plymouth must be amended to reflect the projects and funding sources approved by voters; and WHEREAS, a public hearing on the amendment was held by the Plymouth Planning Commission on August 23, :995, and the amendment was unanimously approved by the Planning Commission; NOW THEREFORE, BE rr RESOLVED that the City Council of the City uf Plymouth, Minnesota does hereby approve amendments to the 1995 - 1999 Capital Improvement Program for the City of Plymouth as specified below and hi the attached spreadsheet: Year Prniect Amount Fun inn Source General Obligatlon Bonds 1995 Open Space Acquisition $2,235,000 1995 'bail Constriction $1,000,000 Community Improvement Fund Adopted by t1le City Council an September 5, 1995.