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RES 12-27RESOLUTION NO.: 2012 - 27 CITY OF OTSEGO COUNTY OF WRIGHT, MINNESOTA A RESOLUTION ACCEPTING A DONATION TO THE PARKS AND RECREATION COMMISSION. WHEREAS, KleinBank has made a cash donation of two bicycles to the City of Otsego to be used by the Parks and Recreation Commission for event programming; and, WHEREAS, the bicycles donated to the City have an approximate value of one hundred twenty ($120.00) dollars; and, WHEREAS, Minnesota Statutes 465.03 requires that all gifts and donations of real or personal property be accepted only with adoption of a resolution of the governing body; and, WHEREAS, the City of Otsego sincerely thanks KleinBank for their generous donation and for its support of the community. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Otsego that the donation by the KleinBank is hereby accepted. MOTION BY: CM HEIDNR SECOND BY: CM SCHROEDER ALL IN FAVOR: MAYOR STOCKAMP; CM HEIDNER, CM SGIROEDER, CM SCHARBER, CM DARKENWALD THOSE OPPOSED: NONE ADOPTED by the City Council of the City of Otsego this 26th day of March, 2012. ATTEST: Jj-y\'nV\- 4�-" Tami Loff, City Clerk CITY OF OTSEGO a I.11�. C: Al Jes-f"