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A RESOLUTION TRANSFERRING THE TANGIBLE <br />PERSONAL FROPPETY Or, THE CITY LIBRARY <br />TO GREAT RIVER FMIONAL LIBR"Y. <br />WHEREASe'the City of Elk River is a party to the Great River <br />Regional Library Agreement, and <br />WHEREAS said Agreement provides that each party *1 ' 11 contribute <br />all tangible personal property DVnedby it whiah is devoted to library <br />purposes to said Regional Libraryo and <br />WHERFASt said Agreement provides that. if said Regional Library <br />should ever be terminated, that the assets of said Regional Library <br />will be distributed to the parties in propDrti3a to each p&rtylgi <br />o3ntribution, <br />NOW, THERMENs BE IT HEREBY RMWED BY THE COUNCIL OF THK CITY <br />OF ELX, RIVER THAT all tangible personal property now owned by the <br />City of Elk River which Lis devoted to use for library purposes is <br />hereby oontributed and transferred to the Great River Regional Library, <br />St. Cloud, Minnesota. <br />Attest: <br />e -Treasurer Mayor <br />