97-15RESOLUTION NO-_q1__A__1S_
Resolution Adopting Financial Plan
WHEREAS, the City Council of Otsego authorized Juran & Moody to prepare a cash-flow
analysis related to the potable water, sanitary sewer collection and wastewater treatment systems
prepared for the City,
AND WHEREAS, the cash-flow analysis, dated September 12, 1997, has been presented to the
Council,
AND WHEREAS, the Council agrees that the cash-flow analysis represents a cost structure
required to finance the potable water, sanitary sewer collection system and wastewater treatment
systems for the City.
AND WHEREAS, said cost structure utilizes connection charges and user fees to finance said
potable water, sanitary sewer collection and wastewater treatment systems.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF OTSEGO:
1. The cash-flow analysis prepared by Juran & Moody is hereby accepted.
2. The cash-flow requirements for financing the potable water, sanitary sewer collection and
wastewater treatment systems have been reviewed by the Council.
Adopted by the Otsego City Council this _,-5�)_ay of4_1997.
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