HomeMy WebLinkAboutResolution 2471
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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
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RESOLUTION NO. 2471
PAGE TWO OF TWO
used to repay the General Fund Designation for
Contingencies, and that $18,814 be used to repay the Fund
Balance of the General Fund.
Adopted this 24th day of April, 1989.
ATTEST:
(SEAL)