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CORRECTED RESOLUTION NO. 5711 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION APPROVING PAYMENT TO ELEGANT THYMES MANAGEMENT <br />COMPANY FOR MANAGEMENT OF THE <br />MOUNDS VIEW BANQUET AND CONFERENCE CENTER <br /> <br /> WHEREAS, on March 27, 2001 the City of Mounds View suspended the <br />contract of Innovative Images for management of the Mounds View Banquet and <br />Conference Center; and <br /> <br /> WHEREAS, on March 27, 2001 Elegant Thymes Management Company <br />was asked by the City of Mounds View to manage the Mounds View Banquet and <br />Conference Center on a temporary basis; and <br /> <br /> WHEREAS, Elegant Thymes Management Company has been managing <br />the Mounds View Banquet and Conference Center since March 27, 2001; and <br /> <br /> WHEREAS, management fees for the full year would be $12,250.89 <br />under the terms of the Banquet Center Management Agreement, and <br /> <br /> WHEREAS, Elegant Thymes Management Company managed the <br />Mounds View Banquet and Conference Center during the period in which 78.88% of the <br />gross revenues were earned and so would be due 78.88% or $9,663.06 of the <br />management fees; and <br /> <br /> WHEREAS, the City Council wishes to compensate Elegant Thymes <br />Management Company for services rendered between March 27, 2001 and December <br />31, 2001. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the City of Mounds View will <br />compensate Elegant Thymes Management Company per the “Banquet Center <br />Management Agreement”; and <br /> <br /> NOW, THEREFORE, BE IT FURTHER RESOLVED that based on <br />$50,836.31 in net revenues, the Mounds View City Council wishes to pay Elegant <br />Thymes $2,385.52 ($9,663.06 less previous payments) per the Banquet Center <br />Management Agreement for the period of March 27, 2001-December 31, 2001. <br /> <br /> Adopted this 11th day of March, 2002. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />