CCR1997201COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #201-97
APPROVAL OF TEMPORARY USE OF UNDESIGNATED FUND BALANCE
PURCHASE OF LAND FOR CONSTRUCTION OF PUBLIC LIBRARY
WHEREAS, the Common Council approved a Vacant Land Offer to Purchase for the
acquisition of land for a City Library on July 16, 1997, and
WHEREAS, it is the intention of the City to borrow funds for the land acquisition and
the construction of the building in 1997, and
WHEREAS, the Finance Committee, upon the recommendation of the Finance Director,
has recommended that the land purchase be temporarily funded with Undesignated
General Fund Balance, which Fund shall be reimbursed with borrowed funds prior to
the end of 1997
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of
Muskego, upon the recommendation of the Finance Committee, does hereby direct the
Finance Director to use Undesignated General Fund Balance for the acquisition of land
for the City Library, with said Fund to be reimbursed with borrowed funds prior to the
end of 1997
DATED THIS 26th DAY OF AUGUST, 1997
SPONSORED BY:
FINANCE COMMITTEE
Ald. Domonic R. D'Acquisto
Ald. David J. Sanders
Ald. Nancy C. Salentine
This is to certify that this is a true and accurate copy of Resolution #201 -97 which was
adopted by the Common Council of the City of Muskego.
8/97jm