HomeMy WebLinkAbout08-089CITY OF LAKEVILLE
RESOLUTION NO. os-s9
RESOLUTION ACKNOWLEDGING RECEIPT OF
THE PROPOSED LAKEVILLE ARENAS 2009 BUDGET
WHEREAS, the Joint Powers Agreement for the Lakeville Arenas (Section 6A) states:
"The Board shall prepare an annual budget on a calendar year basis. The budget shall 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 1 S` annually for review and comment. The Board
shall consider any comments received and adopt a final budget on or before July 1 S` annually. ";
and
WHEREAS, the City of Lakeville has no comments regarding the proposed Lakeville
Arenas 2009 budget.
NOW THEREFORE BE IT RESOLVED, that the City of Lakeville acknowledges
receipt of the proposed Lakeville Arenas 2009 budget and has no comments thereon.
APPROVED AND ADOPTED by the Lakeville City Council this 16th day of June 2008.
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CITY OF LAKEVII..LE