HomeMy WebLinkAbout2008-144 Council ResolutionCouncil Member Stoltz introduced the following resolution and moved its
• adoption:
•
CITY OF LINO LAKES
RESOLUTION NO. 08 -144
RESOLUTION AMENDING RESOLUTION NO. 06 -213 SETTING THE GENERAL
TIMELINE FOR THE ADOPTION OF THE FIVE -YEAR FINANCIAL PLAN
WHEREAS, the City Council adopted a timeline for the preparation, submission and
annual adoption of the five -year financial plan with Resolution No. 06 -213,
and
WHEREAS,
WHEREAS,
WHEREAS,
such resolution states that the plan shall be adopted by the end of
December, and
information necessary to complete and adopt the plan within this
timeframe is often unavailable until after the first of the ensuing year, and
the City Council wishes to have all necessary information available prior to
adopting the annual update of the five -year financial plan.
NOW, THEREFORE, BE IT RESOLVED, by the Lino Lakes City Council that the
timeline for adopting the five -year financial plan is hereby amended as follows:
1) The five -year plan shall be adopted by the City Council following a public hearing,
along with any revisions arising therefrom, by the end of the first quarter each
year.
Adopted by the Lino Lakes City Council this 8th day of December 2008.
The motion for the adoption of the foregoing resolution was duly seconded by Council
Member Gallup and upon vote being taken thereon, the following voted in favor
thereof:
Stoltz, Gallup, Reinert, O'Donnell, Bergeson
The following voted against same:
none
Whereupon said resolution was declared duly passed and adopted.
Julianne Bartell, Cit Cle
Joh Ber.
son, ayor