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RESOLUTION 83-3072 -. -- -, -. CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 83-3072 A RESOLUTION REGARDING THE FUNDING OF PHASED IMPROVEMENTS AT THE CITY GARAGE WHEREAS, it has been established practice in this city to use the interest from the Capital portion of the Permanent Improvement Revolving Fund for the construction or reconstruction of needed public buildings, and WHEREAS, the Real Estate Sales Fund has been used for the same purpose, NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Hopkins as follows: 1. A portion of the interest on the Capital sum ($830,000) of the Permanent Improvement Revolving Fund, not to exceed $26,000, shall be used during 1983 for the phased renovation of the city garage/ maintenance yard property. 2. A sum not to exceed $32,000 from the Real Estate Sales Fund shall be used during 1983 for the phased renovation of the city garage/maintenance yard property. Adopted by the City Council of the City of Hopkins on the 17th day of May, 1983. J. SCOTT RENNE City Clerk ROBERT F. MILLER Mayor JOSEPH VESELY City Attorney