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HomeMy WebLinkAbout07-104 CITY OF LAKEVILLE RESOLUTION NO. o~-io4 RESOLUTIONACKNOWLEDGING RECEIPT OF THE PROPOSED LAKEVILLE ARENAS 2008 BUDGET WHEREAS, the. Joint Powers Agreement for the Lakeville Arenas (Section 6A) states: "The Board shall prepare an annual budget on a ca/endar year basis The budget shat! set forth projected expenditures and revenues to make Arena Complex lease payment, fund capital maintenance reserve and to maintain, operate and manage the Arena Complex. The budget shall be submitted to the members on or before June Isr annually for review and comment. The Board shall consider any comments received and adopt a Tina/budget on or before Ju/y 1~r annually.'; and . WHEREAS, the City of Lakeville has no comments regarding the proposed Lakeville Arenas 2008 budget. NOW THEREFORE BE IT RESOLVED, that the City of Lakeville acknowledges receipt of the proposed Lakeville Arenas 2008 budget and has no comments thereon. APPROVED AND ADOPTED by the Lakeville City Council this 4th day of June 2007. C 2~JFLAKEVILLE y Da , ~ or ATTEST.' Charlene Friedges, Ci Jerk