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Resolution - #98-11-290 - 11/24/1998
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Resolution - #98-11-290 - 11/24/1998
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#98-11-290
Document Date
11/24/1998
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Councilmember Haas Steffen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #98-11-290 <br /> <br />RESOLUTION AUTHORIZING BUDGET AMENDMENT FOR THE PURPOSE OF <br />FUNDING SENIOR HOUSING LAND PURCHASE <br /> <br /> WHEREAS, the City is in the process of acquiring said property, known as the "Law" <br />property as the site of the new Senior Center; and <br /> <br /> WHEREAS, funding for the construction of the building will be supplied through the <br />sale of tax increment bonds and HRA bonds, and <br /> <br />WHEREAS, funding for the land purchase is the responsibility of the City; and <br /> <br /> WHEREAS, a budget amendment transferring funds from the Public Facilities <br />Construction Fund in the amount of $250,000, which allows for the funding of land acquisitions, <br />to fund the purchase price of the Senior Housing land. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That the Ramsey City Council hereby directs the Finance Officer to enter this budget <br />amendments into the City's financial records. <br /> <br />The motion for adoption of the foregoing resolution was duly seconded by Councilmember <br />Beyer and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Gamec <br />Councilmember Haas Steffen <br />Councilmember Beyer <br />Councilmember Beahen <br />Councilmember Zimmerman <br /> <br />and the following voted against: <br /> <br />None <br /> <br />and the folloWing abstained: <br /> <br />None <br /> <br /> <br />
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