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• 1 NEW BUSINESS <br /> 2 Council Adopts Resolution Approving budget Transfer for City Office <br /> 3 Remodeling <br /> 4 Motion by Marks, seconded by Ranallo to adopt Resolution 87-037 . <br /> 5 RESOLUTION 87-037 <br /> 6 A RESOLUTION MODIFYING THE 1987 BUDGET <br /> 7 Motion carried unanimously. <br /> 8 City to Take Advantage Perceived Benefits of Investing in LMC' s Money <br /> 9 Market Fund <br /> 10 The Manager explained why he thought the City would be better able <br /> 11 to enhance its investment earnings by joining with other Minnesota <br /> 12 municipalities in the above program to be supervised by the League <br /> 13 Board of which Councilmember Ranallo is a member. <br /> 14 Council Action <br /> 15 Motion by Enrooth, seconded by Marks to adopt Resolution 87-038. <br /> 16 RESOLUTION 87-038 <br /> 617 A RESOLUTION AUTHORIZING' ENTRY INTO A JOINT POWERS <br /> 18 AGREEMENT IN THE FORM OF A DECLARATION OF TRUST <br /> 19 ESTABLISHING AN ENTITY KNOWN AS "MINNESOTA <br /> 20 MUNICIPAL MONEY MARKET FUND" AND AUTHORIZING <br /> 21 PARTICIPATION IN CERTAIN INVESTMENT PROGRAMS <br /> 22 IN CONNECTION THEREWITH <br /> 23 Motion carried unanimously. <br /> 24 Councilmember Makowske left the meeting at 8: 45 P.M. to visit her <br /> 25 husband in the hospital. <br /> 26 Council Agrees with Finance Director ' s Recommendation Not to License <br /> 27 Condo and Apartment Laundry Facilities <br /> 28 Mr. Childs summarized Mrs. Johnson' s November 19th memorandum, which <br /> 29 the Council accepted as an addendum to the agenda, to mean staff had <br /> 30 changed its mind about "breaking ground" by licensing the above when <br /> 31 the survey she had taken indicated there were very few communities who <br /> 32 included this type of licensing in their current fee schedules. No <br /> 33 Council action was deemed necessary. <br /> 34 Council Concurs With Decision to Break Away from Hennepin County' s <br /> 35 Health Insurance Program <br /> • <br /> 10 <br />