84-6978RLV
RESOLUTION NO 6978
RESOLUTION AUTHORIZING REVISIONS OF 7984
BUDGETS OF VARIOUS DEPARTMENTS -
WHEREAS, Resolution Na. 6806 appropriated funds for personal services, and
other expenses and capital outlays for each department of the city for the year
198; and
WHEREAS, Resolution No. 6940 authorized revision of thr -1984 budget of
various departments; and
WHEREAS, the City Manager has requested a revision of the 1984 budget
appropriations in accordance with Charter provisions.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Richfield, Minnesota, as follows:
-1. That the 1984 appropriations for the following departments of the
General Fund be revised as follows:
GENERAL FUND AMOUNT
' Administrative Services $10,000 Decrease
Comncunity Development $18,330 Increase
2. That the 1984 estimated revenues of the General Fund be revised as
follows:
GENERAL FUND AMOUNT
Intergovernmentl Revenue $ 8,330 Increase
3. That the City Manager bring into effect the provisions of this
resolution.
Passed by the City Council of the City of 1
day of December, 1984.
ATTEST:
th
ylvia .Bergh ity Clerk
21
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EXTRACT OF MINUTES OF MEETING OF THE
CITY COUNCIL OF THE CITY OF
RICHFIELD, HENNEPL~1_COUNTY, MINNESOTA
Pursuant to due call and notice thereof, a special meeting of the City
Council of the City of Richfield, Hennepin Couatq, was duly held in the
City Ha11 in said Citq on Monday, December 17, 1984 at 7:00 0' clock p.m. ,
C.T.
y The following members of the Council were present:
'~ Bunce, Hamilton, Ludeman, Kirsch, Priebe
and the following were absent:
None
*~1nir ~** *~ht
Councilmember Bunce introduced the following resoiu-
tion and moved its adoption,. the reading of which was dispensed with bq
unanimous consent:
RESOLUTION N0. 6979
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RESOLUTION1 AUTHORIZING THE SALE AND ISSUANCE OF
$5,500,000-EOMMERCIAL DEVELOPMENT REVENUE BONDS
MARKET PLAZA COMMERCIAL JOINT VENTURE, A
MINNESOTA GENERAL PARTNERSHIP, SERIES 1984
UNDER THE MUNICIPAL INDUSTRIAL DEVELOPMENT ACT TO
FINANCE A FROJECT THr"REUNDER
BE IT RESOLVED bq the City Council of the Citq of Richfield, Minnesota
(the City), as follows:
Section 1. Authorization and Recitals.
1.01. General Authority. The City is authorized bq Minnesota Stat-
utes, Chapter 474, as amended (the Act), to issue its revenue bonds and to
make secured or unsecured loans to finance the acquisition, of real property
and the acquisition or construction of .buildings and improvements on such
real property and the installation of machinerq and equipment of any and