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HomeMy WebLinkAboutgr00090_000055_pg033MOUNDS VIEW CITY COUNCIL January 26, 1981 Regular Meeting Page Nine agreed the contract should contain language allowing for the re- negotiation of the budget and the cities' annual payments should their expenses exceed their revenues during their fiscal year. No guarantees would be made that these payments would be increased but it would give them an opportunity to seek additional funds. Also, the administrators agreed a contingency fund should be created which would be maintained at the $20,000 level through budget surpluses, miscellaneous income, and if necessary, additional levies to the cities. (Mounds View's contribution would be $6,000 established in the 1982 budget). (The Council concurred that they supported Administrator Pauley's direction in this matter). Councilmember Doty stated that he did not concur with the $20,000 contin- gency clause as outlined. MOTION: Doty made a motion, seconded by Forslund, to adjourn the January 26, 1981 meeting. Ayes -5 Nays -0 MOTION CARRIED. Meeting adjourned at 10:12 p.m. Rasp- tfully submit 18. ADJOURNMENT /ret AO D. . Paule ao-Airrdr Clerk- Administrato