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03/09/93
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03/09/93
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7/7/2025 2:47:46 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
03/09/1993
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During staff discussions of park capital improvements, it was noted the Park and Recreation <br />Commission has prepared an interim capital improvements plan through the year 2000. A <br />copy of this plan is attached. For implementation, capital funding of approximately $120,000 <br />per year would be required. It was the consensus of staff that a multi-year funding of this <br />plan from a revenue stream outside of the General Fund would lend continuity to <br />development of parks within the City of Ramsey. At the same time there is an awareness <br />that with uncertainty surrounding future state transfer payments to cities, Council <br />designating any funding source beyond three years would not be prudent. As the stated <br />purpose o£ expenditures from the Expendable Landfill Trust Fund is to provide benefit to the <br />entire City, funding park improvements would be consistent with the stated purpose. <br /> <br /> <br />
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