HomeMy WebLinkAbout05-085 CITY OF LAKEVILLE
• RESOLUTION
Date June 20, 2005 ' Resolution No, 05-85
Motion By Luick Seconded By Bellows
RESOLUTION ACKNOWLEDGING RECEIPT OF THE PROPOSED
LAKEVILLE ARENAS 2005-2006 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 lsa
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 2005-2006 budget.
NOW THEREFORE BE IT RESOLVED, that the City of Lakeville
acknowledges receipt of the proposed Lakeville Arenas 2005-2006 budget and has no
comments thereon.
APPROVED AND ADOPTED by the City Council of the: City of Lakeville,
Minnesota, this 20th day of June, 2005.
CITY OF LAKEVILLE
By:
Robert D. ohnson, Mayor
A TEST:
Charlene Friedges, Cit erk