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HomeMy WebLinkAboutCCRes_98-26.7 No. 98-26 CITY OF FALCON HEIGHTS COUNCIL RESOLUTION Date: September 23, 1998 RESOLUTION AUTHORIZING THE CITY TO ENTER INTO THE SALES AND PURCHASE AGREEMENT WITH THE SAINT PAUL WATER UTILITY TO SELL THE CITY'S WATER ASSETS FOR S 1.00 WHEREAS, on January 1, 1998 the City transferred the ownership of the city's water system to the Saint Paul Water Utility Board of Commissioners; and WHEREAS, in return for the ownershp of the water system the Saint Paul Water Utility Board of Commissioners agrees to operate and maintain the water system in a way that protects and serves the city water users' • public health and safety; and WHEREAS, in return for the ownership of the water system the Saint Paul Water Utility agrees to provide city water users the same rates as Saint Paul water useres by 2003; and WHEREAS, part of the agreement for ownership of the water system requires selling the city's fixed water assets to the Saint Paul Water Utility; THEREFORE, BE IT RESOLVED that the city enters into the Sales and Purchase Agreement with the Saint Paul Water Utility to sell the city's water assets for S 1.00. ------------------------------------------------------- A roved b ~ . Moved by: Hustad pp Y• Mayor September 23, 1998 GEHRZ 4 In Favor Date GIBBON TALBOT (absent) HUSTAD 0 Against Attested by: , JACOBS City Clerk KUETTEL September 23, 1998 Date