Resolution 2471 - Laserfiche WebLink

Home Browse Search

... ." . .- RESOLUTION NO. 2471 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION AUTHORIZING THE REPAYMENT OF FUNDS USED TO FINANCE THE WILLIAMS PIPE LINE LITIGATION WHEREAS, on the morning of ~uly 8, 1989 the City of Mounds View experienced a catastrophe caused by the rupture of an eight inch hazardous liquid pipeline, owned by Williams Pipe Line Company, running through the City and subsequent explosion and fires which resulteq in the deaths of two Mounds View residents and severe injuries to a third~ and WHEREAS, the City of Mounds View, in order to protect the health, safety and welfare of it's residents, initiated litigation which sought removal or replacement of that portion of the pipeline located within the City plus damages and expenses sustained by the City~ and WHEREAS, by Resolutions 2116 and 2165 the Council authorized $171,837 of the Fund Balance of the General Fund that had been designated for Contingencies to be used for pipeline litigation expenses~ and WHEREAS, $18,814 of the annual General Fund budgets for 1986 and 1987 have been used for pipeline litigation expenses~ and WHEREAS, on April 10, 1989 the Council agreed to a settlement of the pipeline litigation whereby Williams Pipeline Company will undertake a program for the replacement of that portion of the pipeline that runs through the City of Mounds View in conjunction with the County's planned reconstruction of Long Lake Road and in addition, Wiliams Pipe Line Company has agreed to pay the City $250,000 for damages and expenses sustained~ and WHEREAS, the Council restates it's belief that it is prudent and sound financial management to set aside funds to be used in the event of emergencies. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds View hereby states that $171,837 of the settlement received from Williams Pipe Line Company be