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HomeMy WebLinkAboutResolution 7190RESOLUTION 7190 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA AUTHORIZING THE EXPENDITURE OF PARK DEDICATION FUNDS FOR THE LAKESIDE LIONS PARK PLAYGROUND EQUIPMENT REPLACEMENT PROJECT WHEREAS, the Lakeside Lions Park playground equipment has been planned to be replaced at an estimated cost of $90,000; and WHEREAS, the Lions have donated $50,000 towards this project and the Spring Lake Park Parks and Recreation Commission have committed to dedicating $20,000 towards this project; and WHEREAS, the City of Spring Lake Park asked the Mounds View Parks and Recreation Commission if they would consider providing $20,000 in matching funds; and WHEREAS, the Mounds View Parks and Recreation Commission is in support of this project and has made a motion to recommend the expenditure of $20,000 to be derived from the City's Park Dedication Fund to help finance the Lakeside Lions Park Playground Equipment Replacement Project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View, Ramsey County, Minnesota as follows: 1. The expenditure of funds from the Park Dedication Fund to help finance the Lakeside Lions Park Playground Equipment Replacement Project is hereby authorized. 2. The funds will be derived from the City's Park Dedication Fund, Construction Account (Account 285-4470-7050), and will be issued to the City of Spring Lake Park. 3. The amount of said funds will be based on matching funds from the City of Spring Lake Park. 4. The amount of said funds shall not exceed $20,000. 5. Said funds will not be expended until after January 1, 2008. 6. The Mounds View Public Works Department is hereby authorized to assist the City of Spring Lake Park in the installation and assembly of said playground equipment. Adopted this 26th day of November 2007, , ~; ~~ (ATTEST) ~~, Rob~"~/larty, Mayor (SEAL) ~ ~, ~~-- James Ericson, Interim City Administrator