HomeMy WebLinkAboutResolution 104-1997 r
RESOLUTION NO. 104-97
BE IT AUTHORIZED by the City commission that the Finance Officer be hereby
authorized to make the following transfers of funds:
From General Fund $25,000.00 to Storm Drainage Fund
From Contingency Fund $78,000.00 to Snow Removal Deparhnent
Passed and approved this 4th day of November, 1997.
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Mayor
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Finance Officer
requested to be borrowed irorn the second penny sales tax and that when comparinb all other sources of'
fin�ncing, it is the most economical way to finance said project, now tlierefore,
.
BE IT RESOLVED that in the best interest of the community and all taxpayers that the total
amount of up to four million six liundred thousand dollars ($4,600,000.00) be loaned to t1�e abri-plex,
said loan to be repaid from the second penny sales tax rcvcnue, and
BE IT FURTHER RESOLVLD tliat tlie interest rate and fime period of the loan be establisticd
at a later date to be agreed upon by the City and Cour�!y.
Bids which were opened and puhliciy read today at 10 a.m. were presented at tliis time:
SNOW AND ICE SALT
Rolling Prairie $27.25 per ton
Foster Farms $27.17 per ton
Johnson Feeds �G.50 per ton
8 Motion was made by Artz, seconded by Plumart approving the low bid of Johnson Feeds in the
amount of$26.50 per ton, for snow and ice salt for Strect department. All members voted YES;
motion carried.
Motion •,�as made by Klavetter, seconded by Murra authorizing to publish notice of hearinb for an
on-offsale malt beverage licensc for Danny's (703 Main Avenue South). All members voted YCS;
motion carried. ..-.�.•---�- --��~^-��--• ..�.
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Motion was made by Artz, seconded by Plumart approving transferring up to $78,000.0� from �
contingency fund,for a new snowblower for the Street department. All members voted YES; motion
carried. "
Motion was made by Klavettcr, seconded by Murra approving Res�lution No. �4-97, final plat of
Lots I and 2, Block 1, Fishback Seconc: Addition. All members voted YFS; motion carried.
RESnLUTION NO. 74-97