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07-26-2022 Resolution No. 11990RESOLUTION NO. 11990 RESOLUTION AUTHORIZING ESTABLISHMENT OF NEW SPECIAL REVENUE FUNDS FOR THE CITY'S ORGANIZED HAULING PROGRAM, INCLUDING RECYCLING, ORGANICS, AND SUSTAINABILITY PROGRAMS WHEREAS, the City of Richfield has a Sustainability and Organized Hauling Program, managed by a Sustainability Specialist, that includes organized trash hauling, organic waste drop-off, and sustainability promotion; and WHEREAS, management of these programs includes grants from Hennepin County and other entities; and WHEREAS, prior to the approval of organized hauling, the Recreation Services general fund budget is where expenses were budgeted while the program was being established; and WHEREAS, for transparency and accurate tracking of revenue and expenditures, staff recommends the establishment of a new fund; and WHEREAS, this fund will separate this financial activity by sub-program and will include the following business units: Sustainability (20041), Recycling (20042), and Organics (20043); and WHEREAS, Section 7.12 of the City Code requires Council approval by resolution of the establishment of new funds in the City of Richfield budget; and WHEREAS, staff recommends the establishment of these funds in 2022 to coincide with the assembly of the 2023 proposed budget. NOW, THEREFORE, BE IT RESOLVED the City Council approves the establishment of three new funds for the City’s Sustainability and Organized Hauling Program, for transparent and accurate tracking of financial activity to operate these programs. Adopted by the City Council of the City of Richfield, Minnesota this 26th day of July, 2022. Maria Regan Gonzalez, Mayor ATTEST: Kari Sinning, City Clerk