Agenda - Council - 08/27/1996 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #96-08- RESOLUTION AMENDMENT BANK AUTHORIZING EXPENDITURE OF FUNDS AND BUDGET FOR SIGN AGREEMENT WITH NORTHLAND SECURITY WHEREAS, the Northland Security Bank will be constructing a yard pylon sign on T.H. g47 at 142nd Avenue; and WHEREAS, the Bank has proposed to construct a reader board as part of that sign construction; and WHEREAS, the Bank has proposed dedicating 25% of the reader board time to City and Community use upon agreement by the City that the City will dedicate funding toward completion of the reader board portion of the sign; and WHEREAS, the Bank has committed in return to provide for all sign maintenance and supplies, insurance, and all data entry and training for messages supplied by the City for a fifteen year period. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the City Council dedicate $15,000 from the Council Contingency fund in order to fulfill the terms of the agreement contemplated pursuant to the above, 2) That the City Attorney be directed to provide such agreement pursuant to the above. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: and the following abstained: and the following were absent: whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 27th day of August, 1996. ATTEST: Mayor City Administrator I I I I ! I I I I I I I i I I I ! I