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HomeMy WebLinkAboutResolution 4828 . . . 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. ( /" .... 'i::& 7.- -1- ....... ..-.-.--." ...- ._-- .."."....,,-- /'" L ~.~~...... ( ~:?.~~ -r. MaYO:r/' / ./ ,. / ( SEAL)