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<br />.' <br /> <br />. . <br /> <br />.( . \, - <br />. <br /> <br />".~'- <br /> <br /> <br /> <br /> <br /> <br />RESOLUTION NO. 493 <br /> <br />STATE OF I~INNESor A <br />COUNTY OF RAMSEY <br />VILLAGE OF. NEW BRIGHTON <br /> <br /> <br />RESOLUTION ESTABLISHING FORMULA FOR ADMINISTRATIVE COSTS TO BE <br />CHARGED AGAINST CAPITAL IMPROVEMENT PROJECT 67-8 and 67-8a AND <br />PROVIDING FOR. TRANSFER OF FUNDS FROM CAPITAL OUTLAY FUND TO <br />GEl'i"ERAL FUND FOR SUCH COSTS . <br /> <br />WHEREAS Resolution No. 322 establishs a formula for the determination <br />. of administrative costs for projects costing $500,000.00 or <br />le$>; and <br /> <br />WHEREAS Project 67-8 and 67-8a (Sewer Intercepter) w,ill cost in ex- <br />cess of $500,000.00 . . <br /> <br />NOll THEREFORE' BE IT RESOLVED by the Counc'il of the Village of New <br />Brighton, Minnesota that administrative costs for project <br />67-8 and 67-8a shall be t% of total projeot costs. <br /> <br />BE .IT FURTHER RESOLVED that. the Clerk...Trea.s~er shall'transfer from <br />the Capital Outia,y'Fund to the WneralFu,ndeach year on <br />, . 1 .'" , <br />December 31 a sum equal to ~ of the project costs incurred <br />that year. <, <br /> <br />Adopted this 26th' day of December '''. ,1967' <br /> <br />. !O " <br />'j ". c:,: ,~ <br /> <br /> <br /> <br /> <br /> <br />avd~((~,:~ , <br />Mayor '. <br />Atteet: <br />21 ~ <br />. . ~" 1./ I/x-- . <br />~~MtIDager y <br /> <br />12 ;? <br />l~~ "~AA~_' " <br />Clerk-Treasurer <br />( SEAL) <br />