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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 4828 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION AMENDING THE 1995 GENERAL FUND BUDGET TO PAY FOR <br />CONSTRUCTION OF MOUNDS VIEW DRIVE <br /> <br />WHEREAS, the City of Mounds View entered into <br />Development Agreement No. 94-98 with Heartland-Mounds View Common <br />Bond, LLC in 1994 for the construction of an 83 unit senior <br />housing project; and <br /> <br />WHEREAS, a provision of Development Agreement <br />stipulated that the City would pay for the upgrade of Mounds View <br />Drive; and <br /> <br />WHEREAS, the upgrade of Mounds View Drive was necessary <br />to provide adequate access to the facility in the event of an <br />emergency; and <br /> <br />WHEREAS, the necessary funds to upgrade Mounds View <br />Drive are not budgeted for 1995 thereby making it necessary to <br />appropriate funds from another account and also amend the 1995 <br />Budget to provide for the lawful accounting of expenditures in <br />relation to the construction project. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that by the Council of <br />the City of Mounds View that the 1995 General Fund Budget is <br />hereby amended by the transfer of $10,000 from account #649-4120- <br />990, Silver Lake Woods to account #100-3961, General Fund and <br />further transferring $10,000 from account #100-3961, General Fund <br />to account #100-4180-303, Planning to fund the construction and <br />upgrade of Mounds View Drive. <br /> <br />ATTEST: <br /> <br />Adopted this 9th day of October, 1995. <br />( /" <br />.... 'i::& <br />7.- -1- <br />....... ..-.-.--." <br />...- ._-- <br />.."."....,,-- /'" L ~.~~...... <br /> <br />( ~:?.~~ -r. <br />MaYO:r/' <br />/ <br />./ <br /> <br />,. <br /> <br />/ <br /> <br />( SEAL) <br /> <br />