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HomeMy WebLinkAboutResolution 73-44CITY OF COLUMBIA HEIGHTS ADMINISTRATIVE OFFICES rCOLUMBIA HEIGHTS, MINNESOTA 55421 May 29, 1973 RESOLUTION # 73-44 TRANSFERRING FUNDS ON LA BELLE PARK PROJECT WHEREAS, the City Council of the City of Columbia Heights, Minnesota (herein sometimes referred to as "Applicant") has prepared and submitted an application for a Federal Matching Grant of $115,O00 to acquire and develop certain lands known as La Be]le Park under Title Vll of the Housing Act of 1961, which application has subsequently been approved; and WHEREAS, the application for such grant requires certain information regardi.ng the source, amount, and' date local matching funds will be available, and the nature of services to be provided by the applicant Public Body; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Columbia Heights, Minnesota: · That the City of Columbia Heights, Minnesota hereby reserves $128,459 from the Unallocated General Expense Account (101-497.40) to be used for the local share of the project cost, and that said funds shall become available on June 1, 1973 and that such funds shall be from regular appropriations; and 2. That moneys anticipated to be received from state funding bz credited to offset this local share when such funds are received. That the Revenue Account number of the LaBelle Park project is 202-343 and the expenditure account number is 202.4931.91 and said funds shall be credited to these accounts numbers. Passed this 29th day of May,' 1973. Offered by : Norberg Seconded by: Land Roll Call: All Ayes Se~fl~ary to the Council Bruce' G. Nawrocki, Mayor