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HomeMy WebLinkAboutCity Council Resolution 2003-520CITY OF PLYMOUTH RESOLUTION NO. 2003-520 APPROVING PROJECT BUDGET FOR PLYMOUTH ICE CENTER EXPANSION WHEREAS, the City's architects have prepared a project budget for the expansion of the Plymouth Ice Center; and WHEREAS, the estimated project cost is $4,637,688; and WHEREAS, Providence Academy has agreed to provide $1,250,000 in contributions; and WHEREAS, Wayzata Youth Hockey has agreed to contribute $625,000, NOW, THEREFORE, BE IT RESOLVED BY THE PLYMOUTH CITY COUNCIL that the project budget is approved at $4,640,000 with $1,375,000 to be taken from the City's park dedication funds and an additional $1,390,000 interfund loan which will be repaid with interest over 15 years from the Ice Arena's operating budget, and further, the Director of Parks and Recreation is authorized to solicit public bids for the construction of the Ice Center expansion. Adopted by the City Council on November 10, 2003.