HomeMy WebLinkAbout2000-066 Council ResolutionCouncil Member GA -?j Sq introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 00-66
RESOLUTION DESIGNATING ANTENNA LEASE REVENUES
WHEREAS, certain budget requests made for the 2000 budget year were not included in the final
adopted budget due to funding limitations; and
WHEREAS, several new items that require additional funding have become known subsequent to
the adoption of the 2000 budget; and,
WHEREAS, the City of Lino Lakes annually receives revenue for the leasing of space to various
concerns for the installation and maintenance telecommunications antennas; and,
WHEREAS, said antenna lease revenue has been allowed to accumulate in the Capital
Improvements Fund to an estimated balance of $121,258, which sum includes revenue for
2000; and,
WHEREAS, there currently are no designations or encumbrances against said antenna lease
revenue; and,
WHEREAS, it is the intent of the City Council to annually designate said antenna lease revenues for
specific purposes.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lino Lakes hereby
designates accumulated antenna lease revenue and antenna revenue receivable in 2000 as follows:
Emergency Generator for Fire Department $18,000
Access/monitoring system for both water towers 12,000
I of Salary Adjustments 38,600
Technology Improvements
Software Licensing 16,000
Internet access 2,800
Internet/E-mail server 5,000
Web server 5,000
Printers 2,000
Full Text Search - 5 stations 2,350
Paging system for Police 5,325
Paging system for City Hall 5,250
VCR Automated Playback System 3,700
Monitors for Community Room 2,000
Total Technology Improvements 49,425
Total Designated Antenna Lease Revenue $118,025
BE IT FURTHER RESOLVED that the remaining balance of antenna lease revenues and future
revenues of same be designated for use as needed by the City Council during the preparation of the
annual budget.
Adopted by the Lino Lakes City Council this 22nd day of May, 2000.
Joh ,% . Bergson, ayor
ATTEST:
1
R hel Gaustad, CMC CityClerk
Y
The motion for adoption of the foregoing resolution was duly seconded by Council Member �'YY'k
and upon a vote being taken thereon, the following voted in favor thereof: V\-'1,1
The following voted against the same: NUi
Whereupon said resolution was duly passed and adopted.
AGENDA ITEM
STAFF ORIGINATOR: Al Rolek, Finance Director
MEETING DATE: May 22, 2000
TOPIC: Resolution No. 00-66
Designation of Antenna Lease Revenue
VOTE REQUIRED: Simple Majority (3/5)
BACKGROUND:
The City of Lino Lakes annually receives revenue for the leasing of space for
telecommunications antennas. The accumulated balance at this time is estimated at
$121,258. At the May 10 City Council work session, staff presented recommendations
for the designation of antenna lease revenues. These included budget requests which
were omitted from the adopted 2000 budget due to funding limitations and items which
have risen subsequent to the adoption of the budget. The proposed uses of such revenues,
totaling $118,025, are detailed on the attached Resolution No. 00-66. The City Council
directed that this resolution be included on the next meeting agenda (May 22). Upon
adoption of this resolution, a formal budget amendment will be prepared for Council
consideration at a future meeting..
OPTIONS:
1. Approve Resolution No. 00-66
2. Deny Resolution No. 00-66
3. Defer action to a subsequent City Council meeting.
RECOMMENDATION:
Staff recommendation is for Option 1.