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Resolution 7179
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Resolution 7179
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3/12/2021 4:24:33 PM
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3/12/2021 4:24:33 PM
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�O�p CITY OF71ORONO79 <br /> RESOLUTION OF THE CITY COUNCIL <br /> A <br /> NO. <br /> *PC- <br /> G1 <br /> k£ <br /> RESOLUTION TO COMMITT CITY FUNDS <br /> TO THE BIG ISLAND—ADA TRAILS PROJECT <br /> WHEREAS, the City has been allocated $300,000 in the most recent State Bonding Bill; <br /> and <br /> WHEREAS, the State Department of Employment and Economic Development (DEED) <br /> has requested that the City pass a resolution committing required city funds to the project prior to <br /> providing the bonding bill allocation; and <br /> WHEREAS,the City's responsibility is currently less than$160,000; and <br /> WHEREAS, the current General Fund balance of$5,250,912 is more than adequate to <br /> provide the required funding; <br /> NOW, THEREFORE, BE IT RESOLVED, by the Orono City Council that the City of <br /> Orono, place a commitment on the fund balance of the General Fund to pay for the City share of <br /> the Big Island ADA trails project. <br /> Adopted by the Council this 8th day of March, 2021. <br /> ATTEST: <br /> / / I )-3L-- ------(2:40-7 <br /> Anna Carlson, City Clerk Dennis Walsh, Mayor <br />
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