12/21/1981 Council Minutes - Laserfiche WebLink

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December 21, 1981 113 WHEREAS, the City of Lino Lakes has established a trust fund and deposited all Revenue Sharing Funds received in that fund, pursuant to regulations prescribed by the Office of Revenue Sharing, and WHEREAS, WHEREAS, these funds must be expended within a reasonable time according to the Revenue Sharing regulations, and the City of Lino Lakes has .assured the Director of the Office of Revenue Sharing that with respect to payment received under the Act, the madatory requirements of the State and Local Fiscal Assistance Act of 1972 as amended have been complied with, and WHEREAS, in order to complete the necessary transactions, a transfer of funds from the Revenue Sharing Trust Fund to the City's General Fund must be authorized by the City Council. NOW THEREFORE BE IT RESOLVED: That the Lino Lakes City Council instruct the City Clerk to transfer $43,000.00 of Revenue Sharing Funds into the General Fund for- the purpose of retiring expenses in the Police Department as authorized at the November 10th, 1980 Planned Use Public Hearing. Adopted by the Council this 21st day of December, 1981 F. Kenneth Gourley, Mayor Edna L. Sarner, Clerk - Treasurer DISBURSEMENTS Mr. McLean moved to approve the disbursements as presented. Seconded by Mr. Kulaszewicz. Motion carried unanimously. QUOTES ON PULLING WELL - LAKES ADD. #2 Mr. Volk presented the three quotes he had received for pulling the well in Lakes Addition #2. Layne Minnesota Company - $5,485.00; Industrial Pump and Motor Service - $6,175.00; and Mc Carthy Well - $8,723.30. Mr. Volk felt that, if when the well shaft is pulled, if it is corroded badly, it would be better to replace the shaft with a stainless steel shaft. This would increase the cost, but this type of shaft would never need to be replaced. The cost would increase to; Layne - $7,165.00; Industrial - $7,750.00; and McCarthy - $10,338.00 Mr. Volk asked for approval on the stainless steel shaft, with the decision on whether to replace the existing shaft with the same type or to install the stainless steel being left to his discreation when the shaft is pulled and he can inspect the condition of the existing shaft. Mr. McLean moved to approve the pulling of the well and to accept the quote of Layne Minnesota Company in the amount of $7,165.00 to include the in- stallation of a stainless steel shaft, if Mr. Volk feels it is needed.