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<br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 16-85 <br /> <br />RESOLUTION ESTABLISHING ANNUAL CAPITAL EXPENDITURE <br />BUDGET FOR PURCHASE OF FIRE APPARATUS AND EQUIPMENT <br /> <br /> <br />WHEREAS, the Lino Lakes City Council appropriates an annual budget amount for the <br />purchase of capital equipment; and <br /> <br />WHEREAS, the City has established a Capital Equipment Reserve Fund, which includes reserve <br />funds transferred to the City from Centennial Fire District, for the replacement of capital <br />equipment in the Public Safety Department—Fire Division; and <br /> <br />WHEREAS, the Public Safety Director has prepared a fire equipment replacement schedule for <br />vehicles and apparatus through 2032; and <br /> <br />WHEREAS, the City Council has determined that $100,000 per year for fire equipment and <br />apparatus is an adequate amount to maintain the Fire Division fleet, based on current reserve <br />funds designated for the Fire Division. <br /> <br />NOW, THEREFORE BE IT RESOLVED by t he City Council of the City of Lino Lakes that <br />$100,000 is allocated for the 2017 budget and annually thereafter for replacement of fire <br />equipment and apparatus until by Council action this amount is increased or decreased in any <br />budget year. <br /> <br />Adopted by the Council of the City of Lino Lakes this 8th day of August 2016. <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_______________and was duly seconded by Council Member ________________ and upon <br />vote being taken thereon, the following voted in favor thereof: <br /> <br />The following voted against same: <br /> <br /> <br /> <br /> <br />_______________________________ <br />Jeff Reinert, Mayor <br /> <br />ATTEST: <br /> <br /> <br /> <br />________________________ <br />Julianne Bartell, City Clerk <br /> <br />