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: (Coimir^ii tfcmiMQ <br />NOV 1 3 2001 <br />ciryuHOflojwo <br />REQUEST FOR COUNCIL ACTION <br />DATE: November 9.2001 <br />ITEM NO: /9 <br />Department Approval: <br />Nine RonMoone <br />Title City Administrator <br />Adminiatrator Reviewed:Agenda Section: <br />City Administnuof's <br />Re^rt <br />Item Description: Long Lake Fire Station Contribution <br />As part of the Long Lake Fire Station Settlement Agreement, the Council has agreed to contribute <br />$680,000 to on account held jointly by the cities of Orono and Long Lake at the time the Mn/DOT <br />fire station settlement payment is received. The Mn/DOT settlement payment has now been <br />received, and has been deposited into a joint account. The joint account is an investment account <br />through the League of Minnesota Cities. <br />COUNCIL ACTION REQUESTED: <br />Motion to authorize the deposit of $680,000 into an account held jointly by the cities of Orono and <br />Long Lake, and to amend the Community Investment Fund budget to reflect the expenditure.