RES 2024-89 Adopting the 2025-2034 Capital Improvement PlanCITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2024-89
ADOPTING THE 2025-2034
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 2025-2034 Capital Improvement Plan, as set forth in summary, attached as Exhibit A to this Resolution is
adopted.
ADOPTED by the Otsego City Council this 9th day of December, 2024.
MOTION BY:
SECONDED BY:
IN FAVOR:
OPPOSED:
Moores
Dahl
Stockamp,
one
Dahl, Dunlap, Goede, and Moores
�J
CITY OF OTSEGO
Jessica L. Stocl<am mayor
ATTEST: