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RESOLUTION NO. 4745
RESOLUTION AUTHORIZING CERTAIN PAYMENTS FROM THE IMPROVEMENT BOND ACCOUNT.
WHEREAS, the City has incurred land condemnation obligation totalling
$3,100 in the construction of Pine Tree Trail; and
WHEREAS, said sum of money was to be paid out of the 1969 Construction Fund
and special assessments for that project reflect a figure for those land
acquisition costs; and
WHEREAS, the 1969 Construction Fund has been duly closed out and the sum
of $40,834.26 hasbean transferred to the Improvement Bond Account;
NOW, THEREFORE, BE IT RESOLVED by the City Council of Stillwater, Minnesota
that the sum of $3,100.00 is authorized to be disbursed from the Improvement
Bond. Account to cover land condemnation expenses intended to be paid from the
now inactive 1969 Construction Fund.
Adopted by the Council this 25th day of July, 1972.
Published: August 2, 1972
Attest
Mayor
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