RES 17-102CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF NHNNESOTA
RESOLUTION NO: 2017-102
ADOPTING THE 2018-2027
CAPITAL IldPROVEMENT PLAN
WHEREAS, the Otsego City Council has determined it is fiscally responsible and necessary to develop a
capital improvement plan that identifies items that may require significant capital investment; and
WHEREAS, the Otsego City Council has reviewed the details and estimated cost of each item included
within the capital improvement plan; and
WHEREAS, the Otsego City Council has identified probable funding sources for each item included within
the capital improvement plan; and
WHEREAS, the inclusion of an item within the capital improvement plan does not commit final approval
for each respective item, rather each item will be presented to the Otsego City Council with final expenditure
amounts and a detailed funding plan to gain final approval.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO,
MINNESOTA:
That the 2018-2027 Capital Improvement Plan, as set forth in summary, attached as Exhibit A to this
Resolution is adopted.
ADOPTED by the Otsego City Council this 1 lth day of December, 2017.
CITY OF OTSEGO
"�k
Jessica Stocicamp, Mhyor
ATTEST:
Tami off, City Clerk
MOTION made by Council Member DARKFNWALD and SECONDED by Council Member
TANNER
IN FAVOR: STOCKAMP, DARKENWALD, HEIDNER, TANNER, WAREHIME
OPPOSED: NONE
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