#072 09-07-76 Create Public Land Fund236
Resolution No. 72
September 7, 1976
Member Johnson introduced the following resolution and MOVED its adoption:
RESOLUTION
(Creating Public Land Fund)
WHEREAS, Section 440:80 (2) of the City Code provides for the
payment to the City of certain sums in connection with land development
in lieu of land and directs the use thereof:
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Golden Valley, Minnesota, that there is hereby established a City
fund designated as the "Public Land Fund", and
BE IT FURTHER RESOLVED that the City Treasurer is directed to
place in the Public Land Fund the amounts received in accordance with
Section 440:80 (2) of the City Code, together with such other funds as
the City Council may, from time to time, direct to be deposited therein ,
and
BE IT FURTHER RESOLVED that expenditures from this fun re to be made
in accordance with the Provisions of Section 440:80 ) as now onstituted
or amended from time to time by the City Council.
Robert R. Hoover, Mayor
ATTEST:
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Mary H Marske, City Clerk
The motion for the adoption of the foregoing resolution was
seconded by Member Anderson and upon vote being taken thereon, the
following voted in favor thereof: Anderson, Hoover, Johnson, Swartz and
Thorsen and the following voted against the same: none, whereupon said
resolution was declared duly passed and adopted, signed by the Mayor and
his signature attested by the City Clerk.
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