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� ' R NO <br /> • <br /> Clt� of O O <br /> RESOLUTION OF THE CITY COUNCIL <br /> � NO. 1252 <br /> • - • • <br /> A RESOLUTION TO AMEND RESOLUTION #675 <br /> ESTABLISHING A PARK FUND <br /> The City of Orono hereby amends Resolution #675 to read: <br /> WHEREAS, City of Orono Ordinance No. 220 requires the <br /> establishment of a separate fund for deposit of all cash contributions <br /> received from subdivisions in lieu of conveyance or dedication of <br /> land for parks, playgrounds, and other public purposes. <br /> BE IT HEREBY RESOLVED that the Park Fund be established <br /> and all park dedication fees collected by the City according to the <br /> current fee schedule be credited to the Park Fund. <br /> BE IT FURTHER RESOLVED that the park dedication fees <br /> be used only for the acquisition, development, or maintenance <br /> of public parks, playgrounds, surface water holding areas limited <br /> only to ponding areas, and debt retirement in connection with land <br /> • previously acquired for such public purposes within the City of <br /> Orono. <br /> Adopted by the City Council of the City of Orono, Minnesota at a <br /> regular meeting held February 23 , 1981. <br /> i <br /> , � � <br /> .� l.� _ �� '� �C'.':�(,.�1,,,�. <br /> William B. Van Nest, Mayo <br /> -� .� <br /> Attest: %�� �1�, ���'���y�.t�' — <br /> Alberta�Strom, City Clerk <br /> • <br />