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RES 15-11CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2015-11 RESOLUTION ADOPTING 2015 — 2019 CAPITAL IMPROVEMENT PLAN WHEREAS, on November 17, 2014, November 24, 2014 and January 12, 2015 Otsego City Council held public meeting to discuss and modify the content of a Capital Improvement Plan proposed for the 2015 - 2019 fiscal years. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, WRIGHT COUNTY, MINNESOTA THAT: the Capital Improvement Plan for the City of Otsego incorporating capital facilities, capital maintenance and capital planning expenditures projects for the 2015 — 2019 fiscal years be adopted as attached. BE IT FURTHER RESOLVED THAT: expenditures for design or development of these projects as well as expenditure of funds for the implementation of each project along with a detailed funding plan for all costs must be approved by the City Council prior to commitment to the expenditure of any funds for these projects. ADOPTED by the Otsego City Council this 26th day of January, 2015. ATTEST: Tami Loff, City Clerk MOTION made by Council Member Schroeder Hei.diier CITY OF OTSEGO L Vern Heidner, Acting Mayor and SECONDED by Council Member IN FAVOR: Heidner, Schroeder, Darkenwald, Warehime OPPOSED: None