HomeMy WebLinkAbout88-71 - ADMIN Resolution - City Council - 1988/06/201
June 20, 1988
RESOLUTION NO. 88-71
RESOLUTION ALLOCATING THE CITY INCINERATOR
PROPERTY SALE PROCEEDS
WHEREAS, The City Council of St. Louis Park has adopted an ordinance and
authorized the execution of a purchase agreement to sell the City's
incinerator property located at 3547 Xenwood Ave.
WHEREAS, The City Charter directs that sale proceeds be used to retire
outstanding indebtedness, but if there is no outstanding indebtedness, the
Council may designate some other public use for such proceeds.
WHEREAS, The incinerator property has a special assessment outstanding of
$1,223.
NOW THEREFORE, BE IT RESOLVED by the City Council that the City incinerator
property sales proceeds be distributed as follows:
Special Assessment Debt Service Fund 22
Refuse Fund
Park Improvement Fund
Adopted by the City Council June 20, 1988
Att st:
e04i..444147r.i
ity Cler
Reviewed for administration:
y Manager
6L""efAr
$ 1,223
26,250
64,527
/L'-
Mior
Approved
as to form and
execution: