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