CC PACKET 12081987 - Laserfiche WebLink

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i i 1 NEW BUSINESS • 2 Council ' Adopts Resolution Approving budget .Transfer " for City Office 3 Remodeling 4 Motion by Marks, seconded by Ranallo to adopt Resolution 87-037 . 5 RESOLUTION 87-037 6 A RESOLUTION MODIFYING THE 1987 BUDGET 7 Motion carried unanimously. 8 City to Take Advantage Perceived Benefits of Investing in LMC' s Money._ E 9 Market Fund - 10 The Manager explained why he thought the City would be better .able 11 to enhance its investment . earnings by joining with other Minnesota 12 municipalities in the above program to be supervised by the League 13 Board of which Councilmember Ranallo is a member . I I 14 Council Action 15 Motion by Enrooth, seconded by Marks to adopt Resolution 87-038 . 16 RESOLUTION 87-038 • 17 A RESOLUTION AUTHORIZING ENTRY INTO A JOINT POWERS- 18 AGREEMENT IN THE FORM OF A DECLARATION OF TRUST 19 ESTABLISHING AN ENTITY KNOWN AS "MINNESOTA 20 MUNICIPAL MONEY MARKET FUND" AND AUTHORIZING 21 PARTICIPATION IN CERTAIN INVESTMENT PROGRAMS 22 IN CONNECTION THEREWITH 23 Motion carried unanimously. i 24 Councilmember Makowske left the meeting at 8 : 45 P.M. to visit her 25 husband in the hospital. i 26 Council Agrees with Finance Director ' s Recommendation Not to License 27 Condo and Apartment Laundry Facilities, r 28 Mr. Childs summarized Mrs . Johnson' s November 19th memorandum, . which 29 the Council accepted as an addendum to the agenda, to mean staff had 30 changed its mind about "breaking ground" by licensing the above when i 31 the survey she had taken indicated there were very few communities who ' 32 included this type of licensing in their current fee schedules. No 33 Council action was deemed necessary. 34 Councii Concurs With Decision to Break Away from Hennepin County' s 35 Health Insurance Program • 10