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HomeMy WebLinkAboutResolution 4393 i � O� � O O e. - C ITY of ORONO � � . �,� G'�F . RESOLUTION OF THE CITY COUNCIL � , �9kESfI04�' NO. � 3 � � -� . A RESOLUTION AUTHORIZING THE � ACQUISITION OF THE PROPERTY AT 3790 SHORELINE DRIVE TO BE FUNDED PARTIALLY FROM THE GENER.AL FUND � AND PARTIALLY FROM THE PARK FUND � WFIEREAS,the City Council has authorized the purchase of the property at 3790 Shoreline Drive for the purpose of providing parkland for the neighborhood; and WHEREAS,in order to provide a public vehicular access through a portion of this ' property to County Road 15, it may be preferable for the southern portion of the property to be developed for residential use; and . WI�REAS,because there is a possibility that the southem portion of the property may be used for a non-park use, the funding for the properly is being provided partially from the • �eneral Fund and partially from the Park Fund. NOW, THEREFORE, BE IT RESOLVED that the Orono City Council does hereby authorize the property at 3790 Shoreline Drive to be purchased using $80,000 of General Fund reserves and$80,000 of Park Fund reserves to preserve the flexibility to use a portion of the property for a non-park use. Adopted by the City Council of the City of Orono, Minnesota at a regular meeting _ held this 22nd day of November, 1999. � � Gabri Jabbour, Mayor ATTEST: . � � Linda S. Vee, City Clerk . Page 1 of 1