RES 2022-100 Adopting the 2023-2032 Capital Improvement PlanCITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2022-100
ADOPTING THE 2023-2032
CAPITAL IMPROVEMENT 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:
1. That the 2023-2032 Capital Improvement Plan, asset forth in summary, attached as Exhibit A to this
Resolution is adopted.
ADOPTED by the Otsego City Council this 12th day of December, 2022.
MOTION BY: Darkenwald
SECONDED BY: Moores
IN FAVOR: Stockamp,
OPPOSED: none
Dh
al, Darkenwald,
and Moores
CITY OF OTSEGO
r _ATTEST:
Etzel, City Clerk