96-07Councilmember Black introduced the following resolution and moved its adoption:
RESOLUTION NO. 96-7
RESOLUTION ADOPTING THE 1996 PARK DEVELOPMENT FUND BUDGET
NOW, THEREFORE, BE IT RESOLVED by the Otsego City Council that the
appropriations budgeted for the Park Development Fund for the calendar year 1996 shall
be:
Engineering
$ 32,000
Capital Improvements:
16.650
Install Bit Walkway
$7,000
Timbers Play Walk Area
150
Backstop
4,400
Sign
100
Trailer
1,500
Ag Lime
3,500
Total Expenditures $ 48,650
BE IT FURTHER RESOLVED by the Otsego City Council that the source of
financing the sums appropriated shall be:
Property Taxes $ 15,000
Donations 200
Park Dedication Fees 21,700
Grants (DNR) x,$92.
Total Revenues $ 42,792
The motion for the adoption of the foregoing resolution was duly seconded by
Councilmember Ackerman and upon vote being taken thereon, the following voted in
favor thereof: Vice -Mayor Fournier, Councilmembers Black, Heidner and Ackerman
and the following voted against the same: none, whereupon said resolution was passed
this 26th day of February 1996.
Norman . Freske, Mayor
ATTEST:
1
Laine Beatty, City Clerk/Zoning A