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APPanLb F <br /> RESOLUTION 79-22 <br /> • <br /> RESOLUTION COMMITTING LOCAL FUNDS FOR <br /> THE REPAIR OF THE LAKE ORONO DAM AND, THEREBY, <br /> AMENDING RESOLUTION 79-14 <br /> WHEREAS, Resolution 79-14, which designated the source of local funds <br /> and committed local funds for the repair of the Lake Orono <br /> Dam, was adopted July 9, 1979, by the Elk River City Council; <br /> and, <br /> WHEREAS, Since the adoption of Resolution 79-14, additional cost <br /> information has been made available to the City of Elk River <br /> regarding the repair of the Lake Orono Dam; and, <br /> WHEREAS, The new and revised cost estimates are in excess of those <br /> utilized for Resolution 79-14. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br /> River that Resolution 79-14 be amended to reflect a local <br /> share for the repair of the Lake Orono Dam of approximately <br /> $318,750 funded as follows: <br /> • Special assessments to benefiting properties . . . . $155,000 <br /> City of Elk River General Obligation Bonds — the <br /> remaining portion of the cost of the repair of <br /> the Lake Orono Dam estimated to be 163,750 <br /> as of July 23, 1979. <br /> Adopted this 23rd day of July, 1979,. by the Elk River City Council. <br /> ' --.7(W9/4„d? e",„ <br /> Fr nklin Madsen, Mayor <br /> ATTEST: <br /> Robert C. Micfda h, City Adp nistrator <br /> • <br />