Resolution 82-3038- P.I.R. Fund Interest on Capital SumWHEREAS, 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,
WHEREAS, favorable bids have alleviated the need for
funding for 1982,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
HOPKINS, MINNESOTA, as follows:
1. The interest on the Capital Sum (830,000) of the
Permanent Improvement Revolving Fund shall be applied to that Fund
for 1982.
Adopted by the Council of the City of Hopkins, Minnesota,
this 7th day of December, 1982.
J. SCOTT RENNE ROBERT F. MILLER
City Clerk Mayor
JOSEPH VESELY
City Attorney
CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 82 -3038
A RESOLUTION REGARDING P.I.R.
FUND INTEREST ON CAPITAL SUM