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• <br /> MEMORANDUM <br /> DATE: February 19, 1998 <br /> TO: Mike Mornson, City Manager <br /> FROM: Roger Larson, Finance Director <br /> ITEM: REFURBISH WATERTOWER <br /> Included in the 1998 Capital Equipment/Improvement Plan is the restoration of the <br /> City's water tower. The estimated cost for the project totals $150,000.00. <br /> Proposed funding for the expenditure is scheduled to come of out the water/sewer fund <br /> balance (present balance is approximately $380,000.00 (see attached). <br /> • <br />